Chen Lawrence Liren 4
4 · InterDigital, Inc. · Filed Jan 30, 2026
Research Summary
AI-generated summary of this filing
InterDigital (IDCC) CEO Chen Receives RSU Award
What Happened
Lawrence Liren Chen, President, CEO and a director of InterDigital, received an award of 83.632 restricted stock units (RSUs) on January 28, 2026. The reported acquisition price is $0.00 (these units were credited as dividend equivalents on previously granted, unvested RSUs), so the Form 4 lists total cash value of $0 for the transaction. This is an award/credit, not a purchase or sale.
Key Details
- Transaction date: 2026-01-28; reported on Form 4 filed 2026-01-30 (timely within the usual 2-business-day window).
- Transaction type/code: A — Award/Grant/Other acquisition.
- Shares/units received: 83.632 RSUs credited; price reported $0.00 (dividend-equivalent credit).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnote: F1 — These RSUs were credited as dividend equivalents on unvested restricted stock units previously granted; dividend equivalents accrue when InterDigital pays cash dividends.
Context
Dividend-equivalent RSU credits are a common compensation practice that increases the number of unvested RSUs when cash dividends are paid; they do not involve an out-of-pocket purchase by the insider nor an immediate sale. Such credits generally reflect compensation mechanics rather than a direct signal of insider buying or selling.
Insider Transaction Report
- Award
Common Stock
[F1]2026-01-28+83.632→ 153,160.64 total
Footnotes (1)
- [F1]Restricted stock units received pursuant to dividend equivalents credited on unvested restricted stock units previously granted to the reporting person. Dividend equivalents accrue with respect to unvested restricted stock units when and as cash dividends are paid on InterDigital, Inc.'s common stock.