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InterDigital, Inc. (IDCC) CEO gets RSU dividend equivalents

(Neutral)
(Neutral)
Form Type
4

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

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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)
  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.
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
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.

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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.

How many InterDigital (IDCC) shares does CEO Lawrence Liren Chen now hold?

After the reported grant, Lawrence Liren Chen directly holds 178,730.1693 shares of InterDigital common stock. This total reflects the addition of 78.4724 restricted stock units received as dividend-equivalent credits.

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.
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)
07/22/2026
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 Stock07/22/2026A(1)78.4724A$0178,730.1693D
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 Chen07/24/2026
** 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)