InterDigital, Inc. (IDCC) CEO gets RSU dividend equivalents
Rhea-AI Filing Summary
Chen Lawrence Liren reported acquisition or exercise transactions in this Form 4 filing.
InterDigital, Inc. reported that President and CEO Lawrence Liren Chen received an award of 78.4724 shares of common stock in the form of restricted stock units credited as dividend equivalents on unvested restricted stock units on 2026-07-22. Following this award, he directly holds 178,730.1693 shares of InterDigital common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 78.4724 shares
Net Buy
1 txn
Insider
Chen Lawrence Liren
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 78.4724 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 178,730.1693 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
RSUs awarded: 78.4724 shares
Price per share for award: 0.0000 per share
Shares held after transaction: 178730.1693 shares
3 metrics
RSUs awarded
78.4724 shares
Restricted stock units credited as dividend equivalents on 2026-07-22
Price per share for award
0.0000 per share
Grant, award, or other acquisition of restricted stock units
Shares held after transaction
178730.1693 shares
Direct InterDigital common stock holdings following the RSU award
Key Terms
restricted stock units, dividend equivalents, unvested restricted stock units
3 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
"Restricted stock units received pursuant to dividend equivalents credited on unvested restricted stock units"
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did InterDigital (IDCC) CEO Lawrence Liren Chen report?
Lawrence Liren Chen reported receiving 78.4724 restricted stock units as a grant on 2026-07-22. These RSUs were credited as dividend equivalents on previously granted unvested RSUs tied to InterDigital’s common stock dividends.
Was the InterDigital (IDCC) CEO’s Form 4 transaction a purchase or an award?
The Form 4 transaction was an award, coded as an acquisition (A) of 78.4724 restricted stock units. The units were granted at a price of 0.0000 per share as dividend-equivalent credits, not bought in the open market.
What are the dividend-equivalent RSUs reported by InterDigital (IDCC) CEO Chen?
The filing states that Chen received restricted stock units as dividend equivalents on unvested RSUs. Dividend equivalents accrue when cash dividends are paid on InterDigital’s common stock, increasing the number of RSUs credited to the holder.
Did InterDigital (IDCC) CEO Lawrence Chen use a Rule 10b5-1 trading plan for this transaction?
The transaction reflects a grant of RSUs as dividend equivalents, not an open-market trade. The filing’s 10b5-1 checkbox is not marked as an affirmatively adopted trading plan for this award-related acquisition.