Schmidt Joshua D. 4
Research Summary
AI-generated summary
InterDigital (IDCC) CLO Joshua D. Schmidt Receives 25.78-Share Award
What Happened
- Joshua D. Schmidt, Chief Legal Officer and Corporate Secretary of InterDigital, received an award of 25.78 shares (reported as restricted stock units) on January 28, 2026. The units were reported as acquired at $0.00 (total reported value $0) and are recorded under transaction code A (award/grant).
Key Details
- Transaction date: 2026-01-28; reported filing date: 2026-01-30 (filed timely within the typical two-business-day window).
- Price per share reported: $0.00; total reported consideration: $0.
- Shares received: 25.78 restricted stock units.
- Shares owned after the transaction: not specified in the filing.
- Footnote: These RSUs were issued as dividend equivalents credited on previously granted, unvested restricted stock units—i.e., dividend accruals converted into additional RSUs when cash dividends were paid.
Context
- This is an award of dividend-equivalent RSUs, not a market purchase or sale; such awards are routine compensation/corporate administration events and do not necessarily signal a personal buy/sell decision by the insider.