Chen Lawrence Liren 4
4 · InterDigital, Inc. · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
InterDigital (IDCC) CEO Lawrence Chen Sells Shares
What Happened
Lawrence Liren Chen, President, CEO and Director of InterDigital, disposed of an aggregate 5,958 shares in multiple open‑market transactions on January 27, 2026, generating total proceeds of approximately $1,951,977. The reported tranches were:
- 392 shares @ $324.58 = $127,235
- 532 shares @ $325.58 = $173,209
- 960 shares @ $326.95 = $313,872
- 3,332 shares @ $328.16 = $1,093,429
- 702 shares @ $329.04 = $230,986
- 40 shares @ $331.16 = $13,246
These were sales (code "S"), not purchases or option exercises.
Key Details
- Transaction date: January 27, 2026; Form 4 filed January 28, 2026 (timely).
- Aggregate shares sold: 5,958; aggregate proceeds: ~$1.95 million.
- Reported prices are weighted averages for groups of trades; footnotes indicate the underlying price ranges: $324.29–$325.11, $325.31–$325.98, $326.65–$327.45, $327.78–$328.75, and $329.00–$329.10.
- These sales were made pursuant to a Rule 10b5‑1 trading plan adopted September 29, 2025 (footnote F1). The filing says the reporter will provide breakdowns by price on request.
- Shares owned after the transaction are not specified in the information provided on this Form 4.
Context
Sales under a Rule 10b5‑1 plan are pre‑scheduled transactions and are commonly used by insiders to sell shares for personal or portfolio reasons; they do not necessarily indicate a change in the insider’s view of the company. This filing documents routine disposition activity rather than an award, exercise, or gift.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-01-27$324.58/sh−392$127,235→ 158,643.008 total - Sale
Common Stock
[F1][F3]2026-01-27$325.58/sh−532$173,209→ 158,111.008 total - Sale
Common Stock
[F1][F4]2026-01-27$326.95/sh−960$313,872→ 157,151.008 total - Sale
Common Stock
[F1][F5]2026-01-27$328.16/sh−3,332$1,093,429→ 153,819.008 total - Sale
Common Stock
[F1][F6]2026-01-27$329.04/sh−702$230,986→ 153,117.008 total - Sale
Common Stock
[F1]2026-01-27$331.16/sh−40$13,246→ 153,077.008 total
Footnotes (6)
- [F1]The transactions reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on September 29, 2025.
- [F2]The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $324.29 to $325.11 per share. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the ranges set forth in this footnote and in footnotes 3 through 6.
- [F3]The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $325.31 to $325.98 per share. The price reported represents the weighted average price.
- [F4]The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $326.65 to $327.45 per share. The price reported represents the weighted average price.
- [F5]The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $327.78 to $328.75 per share. The price reported represents the weighted average price.
- [F6]The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $329.00 to $329.10 per share. The price reported represents the weighted average price.