InterDigital (IDCC) CEO adds 83.6324 shares via dividend RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InterDigital, Inc.'s President and CEO, Lawrence Liren Chen, reported acquiring additional common stock through dividend-equivalent awards. On January 28, 2026, he acquired 83.6324 shares of common stock at $0 per share, tied to restricted stock units received as dividend equivalents on previously granted unvested restricted stock units.
After this transaction, Chen beneficially owns 153,160.6404 shares of InterDigital common stock, held in direct ownership. Dividend equivalents accrue on his unvested restricted stock units when cash dividends are paid on InterDigital’s common stock, increasing his equity position without cash outlay.
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 | 83.632 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 153,160.64 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did InterDigital (IDCC) report for CEO Lawrence Liren Chen?
InterDigital reported that President and CEO Lawrence Liren Chen acquired 83.6324 shares of common stock on January 28, 2026. The shares arose from restricted stock units credited as dividend equivalents on his previously granted unvested restricted stock units, rather than from an open-market stock purchase.
What are dividend-equivalent restricted stock units at InterDigital (IDCC)?
Dividend-equivalent restricted stock units at InterDigital are additional units credited on unvested restricted stock units when cash dividends are paid on the company’s common stock. For CEO Lawrence Chen, these dividend equivalents resulted in 83.6324 additional common shares being reported as acquired at $0 per share.
Is the InterDigital (IDCC) CEO’s ownership in this Form 4 direct or indirect?
The Form 4 shows that CEO Lawrence Liren Chen’s beneficial ownership of 153,160.6404 shares of InterDigital common stock is held on a direct basis. The 83.6324 shares acquired through dividend-equivalent restricted stock units are included in this directly owned total, with no indirect ownership noted.