[Form 4] InterDigital, Inc. Insider Trading Activity

Rhea-AI Filing Summary

InterDigital, Inc. (IDCC) – Form 4 insider filing: President & CEO Lawrence Liren Chen reported the automatic acquisition of 104.0938 common shares on 07/23/2025. The shares represent dividend-equivalent units credited on previously granted, unvested restricted stock units (RSUs); no cash was paid (price $0). Following the credit, Chen’s direct beneficial ownership rose slightly to 182,758.874 shares. No derivative transactions, open-market purchases, or sales were reported, and no other executives were listed on the form.

Positive

• Slight increase in CEO share ownership signals continued alignment with shareholders, albeit on a very small scale.
• No insider sales were reported, avoiding negative sentiment.

Negative

• Immaterial size: 104 shares have negligible effect on ownership or market perception.
• Zero-cost acquisition lacks the conviction implied by open-market purchases.

Insights

Securities Analyst

TL;DR: Routine RSU dividend credit; immaterial ownership change, neutral market impact.

The 104-share addition adds less than 0.1% to Chen’s stake and stems from IDCC’s dividend policy rather than active buying. Because the shares cost $0 and were not purchased in the open market, the filing provides minimal signalling value regarding management’s view of valuation. The absence of sales is mildly reassuring, but the scale is immaterial to float or insider-ownership trends.

Corporate Governance Expert

TL;DR: Administrative update; reflects proper reporting of dividend equivalents.

The filing demonstrates compliance with Section 16(a) and transparent disclosure of RSU dividend accruals. Such credits align executive and shareholder interests but do not materially change incentive structures. No governance concerns arise; overall impact is neutral.

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).

1. Name and Address of Reporting Person^*

Chen Lawrence Liren

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
07/23/2025

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	07/23/2025		A(1)		104.0938	A	$0	182,758.874	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. 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 Chen	07/25/2025
	** 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

How many InterDigital (IDCC) shares did CEO Lawrence Chen acquire?

Chen received 104.0938 common shares on 07/23/2025 through dividend-equivalent RSUs.

What is Chen's total direct ownership after the transaction?

His direct beneficial ownership is now 182,758.874 shares.

Did the CEO pay cash for these shares?

No. The shares were credited at $0 cost as part of RSU dividend equivalents.

Were any shares sold by the insider?

No sales were reported; only an acquisition occurred.

Does this filing indicate management is bullish on IDCC stock?

The transaction was automatic and small, so it provides limited insight into management’s market view.