InterDigital (NASDAQ: IDCC) director granted RSU dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InterDigital, Inc. director John A. Kritzmacher reported a small equity award tied to his existing compensation. On the reported date, he acquired 1.9398 shares of common stock at no cost through restricted stock units credited as dividend equivalents on previously granted, unvested restricted stock units. After this grant, he directly holds a total of 15,818.8644 shares of InterDigital common stock. Dividend equivalents accrue on his unvested restricted stock units when cash dividends are paid on InterDigital’s common stock, so this transaction reflects routine compensation-related accrual rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KRITZMACHER JOHN A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1.94 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,818.864 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU dividend-equivalent shares granted: 1.9398 shares
Shares held after transaction: 15,818.8644 shares
Transaction price per share: $0.0000 per share
+2 more
5 metrics
RSU dividend-equivalent shares granted
1.9398 shares
Restricted stock units credited on unvested RSUs
Shares held after transaction
15,818.8644 shares
Direct ownership following RSU credit
Transaction price per share
$0.0000 per share
Non-cash grant/award acquisition
Acquire transactions in this filing
1 transaction
Form 4 transaction summary acquireCount
Buy transactions in this filing
0 transactions
Form 4 transaction summary buyCount
Key Terms
restricted stock units, dividend equivalents, unvested restricted stock units, common stock
4 terms
restricted stock units financial
"Restricted stock units received pursuant to dividend equivalents credited on unvested restricted stock units"
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.
dividend equivalents financial
"dividend equivalents credited on unvested restricted stock units previously granted to the reporting person"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
unvested restricted stock units financial
"Dividend equivalents accrue with respect to unvested restricted stock units when and as cash dividends are paid"
common stock financial
"cash dividends are paid on InterDigital, Inc.'s common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did InterDigital (IDCC) director John A. Kritzmacher report in this Form 4?
John A. Kritzmacher reported receiving 1.9398 shares of InterDigital common stock via restricted stock units. These units were credited as dividend equivalents on his existing unvested restricted stock units, representing routine compensation rather than an open-market share purchase.
Was this InterDigital (IDCC) Form 4 an open-market buy or a compensation award?
This Form 4 shows a compensation-related award, not an open-market buy. Kritzmacher received 1.9398 shares through restricted stock units credited as dividend equivalents on unvested restricted stock units when cash dividends were paid on InterDigital’s common stock.
What are dividend equivalents on InterDigital (IDCC) restricted stock units?
Dividend equivalents are additional restricted stock units credited when cash dividends are paid on InterDigital’s common stock. For unvested restricted stock units, these equivalents accumulate over time and convert into additional shares, like the 1.9398 shares reported by John A. Kritzmacher.
Does this InterDigital (IDCC) insider transaction indicate a buy or sell signal?
The transaction reflects a routine grant of 1.9398 shares via restricted stock units, not a discretionary buy or sell. It results from dividend equivalents on unvested restricted stock units, so it primarily updates compensation-related holdings rather than signaling a market-driven trading decision.