InterDigital (IDCC) grants 4,140 RSUs to its Chief Legal Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InterDigital, Inc. reported that Chief Legal Officer and Corporate Secretary Joshua D. Schmidt acquired 4,140 shares of common stock on March 31, 2026 through a grant of restricted stock units. The award was made at a stated price of $0.00 per share under the company’s 2025 Equity Incentive Plan, as part of its long-term compensation program. Following this grant, Schmidt directly holds a total of 30,029.2278 shares of InterDigital common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schmidt Joshua D.
Role
CLO & Corp Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,140 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,029.228 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 4,140 shares
Grant price: $0.00 per share
Total holdings after grant: 30,029.2278 shares
3 metrics
RSUs granted
4,140 shares
Restricted stock units granted on March 31, 2026
Grant price
$0.00 per share
Stated price for RSU award
Total holdings after grant
30,029.2278 shares
Direct InterDigital common stock held by Schmidt after award
Key Terms
Restricted stock units, 2025 Equity Incentive Plan, long-term compensation program
3 terms
Restricted stock units financial
"Restricted stock units granted pursuant to the company's 2025 Equity Incentive Plan"
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.
2025 Equity Incentive Plan financial
"granted pursuant to the company's 2025 Equity Incentive Plan"
long-term compensation program financial
"in accordance with the company's long-term compensation program"
FAQ
Is Joshua Schmidt’s InterDigital (IDCC) Form 4 transaction a purchase or a compensation grant?
The Form 4 transaction is a compensation grant, not a market purchase. Schmidt acquired 4,140 shares via restricted stock units awarded at $0.00 per share under InterDigital’s 2025 Equity Incentive Plan, reflecting long-term incentive compensation rather than an open-market buy.
What is the role of InterDigital’s 2025 Equity Incentive Plan in this Form 4 filing?
The 2025 Equity Incentive Plan is the framework under which Schmidt’s 4,140 restricted stock units were granted. The Form 4 notes the award was made pursuant to this plan as part of InterDigital’s long-term compensation program, aligning executive pay with company performance through equity.