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InterDigital (NASDAQ: IDCC) CEO awarded stock options and performance RSUs

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

InterDigital, Inc. President and CEO Lawrence Liren Chen reported routine equity compensation activity. On March 15, 2026, he received a grant of 125,360 employee stock options with an exercise price of $72.90 per share, expiring on March 31, 2033, under the company’s 2017 Equity Incentive Plan.

Performance-based restricted stock units granted in prior years vested, resulting in 40,742 shares plus 1,687.8576 dividend-equivalent shares becoming common stock. To cover tax liabilities tied to these vestings, a total of 27,477 shares was withheld or disposed to the issuer, rather than sold on the open market. After these transactions, Chen directly holds 168,111.7766 common shares and 514,889 stock options, indicating these events are compensation- and tax-related rather than discretionary market trading.

Positive

  • None.

Negative

  • None.

Insights

CEO equity awards and tax withholdings show routine compensation, not open-market trading.

The reporting shows stock option and RSU vesting for InterDigital’s CEO under the 2017 Equity Incentive Plan. A grant of 125,360 options at $72.90 and vesting of performance-based RSUs reflect long-term incentive structures tied to 2023 performance goals.

Dispositions coded as F and D represent tax withholding and fractional-share cash settlements, not market sales. The CEO ends with 168,111.7766 common shares and 514,889 options, so these transactions look primarily administrative and compensation-driven, with limited signaling value for investors.

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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Chen Lawrence Liren

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026
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 03/15/2026 A(1) 42,429.8576 A $0 195,590.498 D
Common Stock 03/15/2026 F(2) 18,451 D $362.35 177,139.498 D
Common Stock 03/15/2026 D(3) 0.8576 D $362.35 177,138.6404 D
Common Stock 03/15/2026 F(4) 9,026 D $362.35 168,112.6404 D
Common Stock 03/15/2026 D(5) 0.8638 D $362.35 168,111.7766 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
Employee Stock Option (Right-to-Buy) $72.9 03/15/2026 A(6) 125,360 03/15/2026 03/31/2033 Common Stock 125,360 $0 514,889 D
Explanation of Responses:
1. The transaction reported represents the vesting of awards of performance-based restricted stock units granted to the reporting person on March 31, 2023 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program. Based on the achievement level of the 2023 cycle performance goal, 200% of the reporting person's target performance-based restricted stock unit awards, or 40,742 restricted stock units, vested on March 15, 2026 together with 1,687.8576 additional shares representing accrued dividend equivalent units.
2. The transaction reported reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability in connection with the vesting of awards of performance-based restricted stock units described above.
3. The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of awards of performance-based restricted stock units described above.
4. The transaction reported reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability. The restricted stock units were granted to the reporting person on March 31, 2023, March 20, 2024 and March 31, 2025 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on March 15, 2026, together with accrued dividend equivalents.
5. The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in the previous footnote.
6. The transaction reported represents the vesting of an award of performance-based stock options granted to the reporting person on March 31, 2023 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program. Based on the achievement level of the 2023 cycle performance goal, 200% of the reporting person's target performance-based stock options vested on March 15, 2026.
Remarks:
/s/ Ariel E. Greenstein, Attorney-in-Fact for Lawrence Liren Chen 03/17/2026
** 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 equity awards did InterDigital (IDCC) CEO Lawrence Liren Chen receive?

Chen received a grant of 125,360 employee stock options at an exercise price of $72.90 per share. These options were issued under InterDigital’s 2017 Equity Incentive Plan and are part of his long-term incentive compensation tied to company performance goals.

What happened to Lawrence Liren Chen’s performance-based RSUs at InterDigital (IDCC)?

Performance-based restricted stock units granted in 2023 vested based on 2023 performance goals. A total of 40,742 RSUs plus 1,687.8576 dividend-equivalent units converted into common stock for Chen, reflecting achievement at 200% of his target performance-based RSU award level.

Were any of InterDigital (IDCC) CEO Lawrence Liren Chen’s shares sold on the open market?

The reported share disposals are tax-related and issuer settlements, not open-market sales. Codes F and D indicate shares withheld to satisfy tax liabilities and fractional shares settled in cash, all in connection with RSU vesting, rather than discretionary market transactions.

How many InterDigital (IDCC) shares were withheld for Lawrence Liren Chen’s taxes?

A total of 27,477 common shares were withheld or disposed of to satisfy Chen’s tax liabilities related to vesting restricted stock units. These are coded as tax-withholding dispositions (F) and small issuer dispositions (D), typical for equity compensation events rather than market selling.

What are Lawrence Liren Chen’s holdings after these InterDigital (IDCC) transactions?

After the reported transactions, Chen directly holds 168,111.7766 shares of InterDigital common stock. He also holds 514,889 stock options following the new option grant, providing substantial ongoing equity exposure to the company’s future performance through both shares and options.

When do Lawrence Liren Chen’s newly granted InterDigital (IDCC) options expire?

The newly granted 125,360 employee stock options to Chen carry an expiration date of March 31, 2033. They have an exercise price of $72.90 per share and were issued under InterDigital’s 2017 Equity Incentive Plan as part of his long-term compensation.
Interdigital Inc

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