HUTCHESON STEWART D 4
Research Summary
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InterDigital (IDCC) Director Stewart Hutcheson Receives RSU Award
What Happened
Stewart D. Hutcheson, a director of InterDigital, received an award of 39.877 restricted stock units (RSUs) on January 28, 2026. The RSUs were recorded as an acquisition (code A) at a $0.00 per-share price (total value reported as $0), reflecting dividend equivalents credited on previously granted, unvested RSUs.
Key Details
- Transaction date: 2026-01-28; transaction type: Award/Grant (code A).
- Shares awarded: 39.877 RSUs; reported price per share: $0.00; reported total value: $0.
- Footnote: F1 — these RSUs were granted as dividend equivalents that accrue on Hutcheson’s unvested restricted stock units when InterDigital pays cash dividends.
- Shares owned after the transaction: Not disclosed in this Form 4 excerpt.
- Filing timeliness: Report filed 2026-01-30 (appears timely under Form 4 reporting rules).
Context
This was a non-cash equity credit (dividend equivalents credited to existing unvested RSUs), not an open-market purchase or sale. Such awards are routine part of executive/director compensation and do not by themselves indicate an insider buying or selling shares in the open market.