InterDigital (IDCC) CTO granted 39.2508 dividend-equivalent RSUs
Rhea-AI Filing Summary
Pankaj Rajesh reported acquisition or exercise transactions in this Form 4 filing.
InterDigital, Inc. Chief Technology Officer Pankaj Rajesh received a grant of 39.2508 shares of common stock underlying restricted stock units as dividend equivalents credited on previously granted unvested RSUs at 0.0000 per share, increasing his direct holdings to 68,015.7125 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 39.2508 shares
Net Buy
1 txn
Insider
Pankaj Rajesh
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 39.2508 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 68,015.7125 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
Shares acquired: 39.2508
Transaction price per share: 0.0000
Shares owned after transaction: 68015.7125
3 metrics
Shares acquired
39.2508
Shares of common stock underlying restricted stock units credited as dividend equivalents
Transaction price per share
0.0000
Reported price per share for the awarded restricted stock units
Shares owned after transaction
68015.7125
Direct InterDigital common stock holdings by CTO after the award
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"
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"
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock units did InterDigital (IDCC) CTO Pankaj Rajesh receive in this Form 4?
Pankaj Rajesh received 39.2508 dividend-equivalent restricted stock units credited on his previously granted unvested RSUs. These units accrue when cash dividends are paid on InterDigital common stock and were reported at a price of 0.0000 per share as compensation.
What is the nature of the InterDigital (IDCC) Form 4 transaction for Pankaj Rajesh?
The transaction is a grant or award acquisition of common stock underlying restricted stock units. It is coded with transaction code A, indicating an acquisition event, not an open-market purchase or sale of InterDigital shares by the Chief Technology Officer.
Was the InterDigital (IDCC) CTO’s Form 4 transaction under a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox for this filing is not marked, and no footnote references a pre-arranged trading plan. The award represents dividend-equivalent restricted stock units credited under existing equity compensation arrangements tied to cash dividends on InterDigital common stock.