InterDigital (NASDAQ: IDCC) director sells 400 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
InterDigital director John D. Markley Jr. reported an open-market sale of 400 shares of InterDigital common stock at $300.00 per share on June 22, 2026. The transaction was executed under a Rule 10b5-1 trading plan adopted on March 11, 2026 to cover his estimated tax obligations related to vesting of restricted stock units. After this sale, he directly holds about 11,734.7066 shares of InterDigital common stock.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 400 shares ($120,000)
Net Sell
1 txn
Insider
Markley John D. Jr.
Role
null
Sold
400 shs ($120K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 400 | $300.00 | $120K |
Holdings After Transaction:
Common Stock — 11,734.707 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 400 shares
Sale price: $300.00 per share
Shares held after sale: 11,734.7066 shares
+2 more
5 metrics
Shares sold
400 shares
Open-market sale of InterDigital common stock on June 22, 2026
Sale price
$300.00 per share
Price for 400 InterDigital common shares sold
Shares held after sale
11,734.7066 shares
Direct ownership following reported Form 4 transaction
Transaction code
S
Sale in open market or private transaction
Trading plan adoption date
March 11, 2026
Adoption of Rule 10b5-1 trading plan for tax-related sales
Key Terms
Rule 10b5-1 trading plan, restricted stock units, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported ... were made pursuant to a Rule 10b5-1 trading plan adopted on March 11, 2026"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"to cover such individual's estimated tax obligations in connection with the vesting of 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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did John D. Markley Jr. report for InterDigital (IDCC)?
John D. Markley Jr. reported an open-market sale of 400 shares of InterDigital common stock. The transaction occurred on June 22, 2026 and was disclosed on Form 4 as a routine insider trading report for a company director.
Was the InterDigital (IDCC) insider sale made under a Rule 10b5-1 plan?
Yes, the sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on March 11, 2026. Such plans allow insiders to schedule trades in advance, helping separate routine liquidity or tax transactions from discretionary trading decisions.
What does transaction code "S" mean in the InterDigital (IDCC) Form 4 filing?
Transaction code "S" indicates a sale of securities in the open market or a private transaction. In this case, it confirms that the 400 InterDigital common shares were disposed of through a sale rather than through tax withholding, gifting, or derivative exercises.