Armaly Samir 4
Research Summary
AI-generated summary
InterDigital Director Samir Armaly Receives 2.195-Share Award
What Happened
- Samir Armaly, a director of InterDigital, Inc. (IDCC), received an award of 2.195 shares on January 28, 2026. The Form 4 reports the transaction as an award/grant (code A) with an acquisition price of $0 and total reported value $0. This was not an open-market purchase or sale but a credit of dividend equivalents to unvested restricted stock units.
Key Details
- Transaction date and type: 2026-01-28 — Award/Grant (code A) of 2.195 shares at $0.00.
- Filing date: 2026-01-30 (filed within the standard two-business-day window; appears timely).
- Shares owned after transaction: not specified in this filing.
- Footnote: F1 — These 2.195 shares represent restricted stock units credited as dividend equivalents on previously granted, unvested RSUs; dividend equivalents accrue when InterDigital pays cash dividends.
- No 10b5-1 plan, tax-withholding sale, or exercise/sale noted in this transaction.
Context
- Dividend-equivalent credits on unvested RSUs are routine compensation adjustments and do not reflect an open-market purchase or sale by the insider. The small fractional share amount indicates this was solely a dividend-equivalent credit rather than a substantive new grant or market trade.