InterDigital (IDCC) director receives dividend-equivalent restricted stock grant
Rhea-AI Filing Summary
HUTCHESON STEWART D reported acquisition or exercise transactions in this Form 4 filing.
A director of InterDigital, Inc. received a grant of 53.7391 restricted stock units on 2026-07-22. These units were credited as dividend equivalents on previously awarded unvested restricted stock units, at a price of $0.0000 per share. After this award, the director directly holds 22,060.3720 InterDigital common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 53.7391 shares
Net Buy
1 txn
Insider
HUTCHESON STEWART D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 53.7391 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 22,060.372 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: 53.7391 units
Grant price per share: $0.0000
Holdings after transaction: 22,060.3720 shares
3 metrics
Restricted stock units granted
53.7391 units
RSUs credited 2026-07-22 as dividend equivalents on unvested RSUs
Grant price per share
$0.0000
Per-share price for the restricted stock unit award
Holdings after transaction
22,060.3720 shares
Director’s direct InterDigital common stock position after the grant
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 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"
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did InterDigital (IDCC) report for director Stewart D. Hutcheson?
Director Stewart D. Hutcheson received 53.7391 restricted stock units tied to InterDigital (IDCC) on 2026-07-22. These units were credited as dividend equivalents on his previously granted unvested restricted stock units, rather than being purchased in the open market.
Was the InterDigital (IDCC) insider transaction a market purchase or sale?
The transaction was a grant of restricted stock units, not a market purchase or sale. The director received 53.7391 units at a per-share price of $0.0000 as dividend equivalents credited on his existing unvested restricted stock units.
What are dividend equivalents in the context of InterDigital (IDCC) restricted stock units?
Dividend equivalents are credits that mirror cash dividends paid on InterDigital (IDCC) common stock. For this director, they were converted into 53.7391 additional restricted stock units on unvested awards when and as cash dividends were paid on the company’s common stock.
Does the InterDigital (IDCC) Form 4 indicate a Rule 10b5-1 trading plan?
The reported transaction is characterized as a grant of restricted stock units via dividend equivalents, not as an open-market trade. It is not identified as being effected under a Rule 10b5-1 pre-arranged trading plan in the transaction details provided.