STOCK TITAN

InterDigital (IDCC) CEO adds RSUs from dividend equivalents grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  1. [object Object]
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
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"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Chen Lawrence Liren

(Last)(First)(Middle)
200 BELLEVUE PARKWAY
SUITE 300

(Street)
WILMINGTON DELAWARE 19809

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
InterDigital, Inc. [ IDCC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/22/2026A(1)53.9203A$0178,651.6969D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock units received pursuant to dividend equivalents credited on unvested restricted stock units previously granted to the reporting person. Dividend equivalents accrue with respect to unvested restricted stock units when and as cash dividends are paid on InterDigital, Inc.'s common stock.
Remarks:
/s/ Ariel E. Greenstein, Attorney-in-Fact for Lawrence Liren Chen04/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many InterDigital (IDCC) shares does CEO Lawrence Liren Chen hold after this Form 4?

Following this transaction, Lawrence Liren Chen directly holds 178651.6969 shares of InterDigital common stock as reported in the filing. The 53.9203-share award from dividend-equivalent restricted stock units represents a small incremental increase relative to his total reported direct holdings.

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.

Was cash paid for the shares in InterDigital (IDCC) CEO Chen’s latest Form 4 transaction?

No cash was paid per share in this transaction; the reported price is $0.0000 per share. The additional 53.9203 restricted stock units arose from dividend equivalents credited on Chen’s existing unvested restricted stock units when InterDigital paid cash dividends on its common stock.

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.