InterDigital (IDCC) CLO Joshua Schmidt sells 467 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
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
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Negative
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Insider Trade Summary
Net Seller: 467 shares ($170,857)
Net Sell
1 txn
Insider
Schmidt Joshua D.
Role
CLO & Corp Secretary
Sold
467 shs ($171K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 467 | $365.86 | $171K |
Holdings After Transaction:
Common Stock — 27,020.694 shares (Direct)
Footnotes (1)
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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.
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.