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InterDigital (IDCC) CLO Joshua Schmidt sells 467 shares under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

InterDigital, Inc. insider Joshua D. Schmidt, the company’s CLO and Corporate Secretary, reported an open-market sale of 467 shares of common stock at $365.86 per share on February 27, 2026. After this transaction, he held 27,020.6941 shares of InterDigital common stock. The filing notes that these sales were made under a pre-established Rule 10b5-1 trading plan adopted on March 21, 2025, which is designed to allow insiders to sell shares according to a preset schedule.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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).
X
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*
Schmidt Joshua D.

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

(Street)
WILMINGTON DE 19809

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
InterDigital, Inc. [ IDCC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CLO & Corp Secretary
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/27/2026 S(1) 467 D $365.86 27,020.6941 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on March 21, 2025.
Remarks:
/s/ Ariel E. Greenstein, Attorney-in-Fact for Joshua D. Schmidt 03/03/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did InterDigital (IDCC) report for Joshua D. Schmidt?

InterDigital reported that Joshua D. Schmidt sold 467 shares of common stock. The sale occurred on February 27, 2026, at a price of $365.86 per share in an open-market transaction disclosed in a Form 4 filing.

How many InterDigital (IDCC) shares did Joshua D. Schmidt sell and at what price?

Joshua D. Schmidt sold 467 shares of InterDigital common stock at $365.86 per share. This open-market sale was reported as a non-derivative transaction in the Form 4 insider trading report filed with the SEC.

How many InterDigital (IDCC) shares does Joshua D. Schmidt own after this sale?

After the reported sale, Joshua D. Schmidt beneficially owns 27,020.6941 shares of InterDigital common stock. This post-transaction balance reflects his remaining direct holdings as disclosed in the Form 4 filing.

Was the InterDigital (IDCC) insider sale by Joshua D. Schmidt under a 10b5-1 plan?

Yes. The filing states the sales were made pursuant to a Rule 10b5-1 trading plan. That plan was adopted on March 21, 2025, allowing pre-scheduled trades to occur automatically under predetermined conditions.

What role does Joshua D. Schmidt hold at InterDigital (IDCC)?

Joshua D. Schmidt serves as Chief Legal Officer and Corporate Secretary at InterDigital. His position as an officer makes his trades reportable on Form 4, providing transparency around his transactions in InterDigital common stock.

What transaction code was used for Joshua D. Schmidt’s InterDigital (IDCC) sale?

The transaction was reported with code “S,” indicating an open-market or private sale. The filing also describes it as an open-market sale of non-derivative InterDigital common stock executed on February 27, 2026.
Interdigital Inc

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