InterDigital, Inc.·4

Jan 30, 6:41 AM ET

Chen Lawrence Liren 4

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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.