InterDigital (IDCC) director granted RSU dividend equivalents, lifting holdings to 28,940 shares
Rhea-AI Filing Summary
InterDigital, Inc. director Jean F. Rankin reported an acquisition of 2.4479 shares of common stock on July 22, 2026, received as restricted stock units credited as dividend equivalents on previously granted unvested restricted stock units. This award increased her direct holdings to 28,940.4479 shares of InterDigital common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2.4479 shares
Net Buy
1 txn
Insider
RANKIN JEAN F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 2.4479 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 28,940.4479 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Restricted stock units granted: 2.4479 shares
Common shares held after transaction: 28940.4479 shares
Grant price per share: 0.0000
3 metrics
Restricted stock units granted
2.4479 shares
Dividend equivalent RSUs credited on July 22, 2026
Common shares held after transaction
28940.4479 shares
Direct holdings of Jean F. Rankin after the award
Grant price per share
0.0000
Non-cash award of restricted stock units from dividend equivalents
Key Terms
Restricted stock units, Dividend equivalents, Unvested restricted stock units
3 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 accrue with respect to unvested restricted stock units when and as cash dividends are paid"
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 credited on unvested restricted stock units previously granted to the reporting person"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did InterDigital (IDCC) director Jean F. Rankin report?
Jean F. Rankin reported receiving 2.4479 shares of InterDigital common stock on July 22, 2026, as restricted stock units credited from dividend equivalents on previously granted unvested restricted stock units.
What are dividend equivalents on unvested restricted stock units at InterDigital (IDCC)?
Dividend equivalents at InterDigital are amounts credited on unvested restricted stock units when and as cash dividends are paid on InterDigital’s common stock, and are received as additional restricted stock units by the reporting person.
Was Jean F. Rankin’s InterDigital (IDCC) Form 4 transaction under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmed, and there is no footnote stating the award was made pursuant to a Rule 10b5-1 trading plan or similar pre-arranged trading arrangement.