InterDigital (IDCC) CEO adds RSUs from dividend equivalents grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InterDigital, Inc. President and CEO Lawrence Liren Chen reported a compensation-related share acquisition. He received 53.9203 shares of common stock on April 22, 2026 as restricted stock units granted at $0.0000 per share. These units were credited as dividend equivalents on unvested restricted stock units when cash dividends were paid on InterDigital’s common stock. After this award, his direct holdings reported in this filing total 178651.6969 shares of common stock, making this a small incremental addition.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chen Lawrence Liren
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 53.92 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 178,651.697 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock units granted: 53.9203 shares
Price per share: $0.0000 per share
Total direct holdings after transaction: 178651.6969 shares
+2 more
5 metrics
Restricted stock units granted
53.9203 shares
Dividend-equivalent RSUs credited on unvested RSUs on April 22, 2026
Price per share
$0.0000 per share
Reported value for the RSU grant acquisition
Total direct holdings after transaction
178651.6969 shares
InterDigital common stock held directly by Chen after the award
Transaction code
A (Grant, award, or other acquisition)
Indicates compensation-related share acquisition rather than market trade
Acquire transactions in summary
1 acquire transaction
Form 4 transactionSummary shows one acquisition and no sales
Key Terms
restricted stock units, dividend equivalents, unvested restricted stock units, common stock, +1 more
5 terms
restricted stock units financial
"Restricted stock units received pursuant to dividend equivalents credited on unvested restricted stock units..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalents financial
"Dividend equivalents credited on unvested restricted stock units when and as cash dividends are paid..."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
unvested restricted stock units financial
"dividend equivalents credited on unvested restricted stock units previously granted to the reporting person"
common stock financial
"cash dividends are paid on InterDigital, Inc.'s common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did InterDigital (IDCC) report for CEO Lawrence Liren Chen?
InterDigital reported that CEO Lawrence Liren Chen received 53.9203 shares of common stock as restricted stock units. These were credited as dividend equivalents on his unvested restricted stock units when cash dividends were paid on InterDigital’s common stock, and are compensation-related rather than an open-market trade.
What is the nature of the restricted stock units granted to InterDigital (IDCC) CEO Chen?
The filing states Chen received restricted stock units pursuant to dividend equivalents on previously granted unvested restricted stock units. Dividend equivalents accrue on those unvested units when and as InterDigital pays cash dividends on its common stock, resulting in additional restricted stock units instead of cash.
Does the latest InterDigital (IDCC) Form 4 show an open-market buy or sell by the CEO?
The Form 4 shows a grant-type acquisition coded as a grant, award, or other acquisition, not an open-market buy or sell. Chen received 53.9203 restricted stock units from dividend equivalents on unvested restricted stock units as part of his equity-based compensation arrangement.