InterDigital (NASDAQ: IDCC) CLO adds shares via RSU dividends

Rhea-AI Filing Summary

InterDigital, Inc. officer Joshua D. Schmidt, the company’s CLO and Corporate Secretary, reported acquiring 25.7802 shares of common stock through restricted stock units credited as dividend equivalents on previously granted unvested RSUs.

These RSU-based shares were received at $0 per share and increase his directly held beneficial ownership to 27,487.6941 shares of InterDigital common stock.

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

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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^*

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)
01/28/2026

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	01/28/2026		A(1)		25.7802	A	$0	27,487.6941	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. 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 Joshua D. Schmidt	01/30/2026
	** 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 CLO and Corporate Secretary Joshua D. Schmidt acquired 25.7802 common shares via restricted stock units. These units were credited as dividend equivalents on his previously granted unvested RSUs, rather than through an open-market stock purchase.

How did Joshua D. Schmidt receive additional InterDigital (IDCC) shares?

He received 25.7802 shares in the form of restricted stock units at $0 per share. The units arose from dividend equivalents that accrue on his unvested RSUs whenever InterDigital pays cash dividends on its common stock.

What is Schmidt’s InterDigital (IDCC) share ownership after this Form 4?

After this RSU dividend-equivalent grant, Joshua D. Schmidt beneficially owns 27,487.6941 shares of InterDigital common stock directly. This figure reflects his holdings following the credited restricted stock units reported in the filing.

Was cash paid for the InterDigital (IDCC) shares reported in this Form 4?

No cash was paid for these shares; the price per share is shown as $0. The 25.7802 shares represent restricted stock units granted as dividend equivalents on unvested RSUs, not a cash purchase transaction.

What are dividend equivalents on InterDigital (IDCC) restricted stock units?

Dividend equivalents are additional RSUs credited when cash dividends are paid on the company’s common stock. For Schmidt, they accrue on unvested RSUs and result in incremental restricted stock units like the 25.7802 shares disclosed in this Form 4.