BREZSKI RICHARD 4
Research Summary
AI-generated summary
InterDigital (IDCC) CFO Richard Brezski Receives RSU Award
What Happened
- Richard Brezski, Chief Financial Officer of InterDigital, received an award of 36.594 restricted stock units (RSUs) on 2026-01-28. The units were credited at $0.00 as dividend equivalents tied to previously granted unvested RSUs, so no cash changed hands.
Key Details
- Transaction type: Award/Grant (code A)
- Transaction date: 2026-01-28
- Shares/units acquired: 36.594 RSUs; transaction price reported as $0.00
- Value: $0 cash outlay; these RSUs reflect dividend equivalents rather than a purchased position
- Shares owned after transaction: Not specified in the provided filing; the form notes beneficial ownership under the InterDigital Savings and Protection Plan (see footnote F2)
- Footnotes:
- F1: These RSUs were granted as dividend equivalents credited on unvested restricted stock units when cash dividends are paid on InterDigital common stock.
- F2: The filing indicates beneficial ownership through the company savings plan as of the last account statement.
- Filing timeliness: No late filing indicated in the provided information.
Context
- This was not a cash purchase or sale but an award of RSUs tied to dividend payments on existing unvested awards. Such dividend-equivalent credits are routine and reflect company dividend policy applied to outstanding restricted awards, not an open-market insider purchase or sale.