BREZSKI RICHARD 4

What Happened

• Richard Brezski, Chief Financial Officer of InterDigital (IDCC), sold a total of 8,005 shares in open-market transactions on February 10–11, 2026, generating approximately $2.87 million in proceeds. Trades were reported as sales (code S) with prices reported as weighted averages for aggregated blocks; individual trade prices ranged roughly from $352.24 to $374.95 per share.
• These disposals were executed pursuant to a Rule 10b5-1 trading plan adopted September 26, 2025, which generally indicates pre-planned sales rather than ad-hoc trades.

Key Details

• Transaction dates: February 10, 2026 (6,005 shares) and February 11, 2026 (2,000 shares).
• Total sold: 8,005 shares; total proceeds ≈ $2,871,104.
• Price range reported: approximately $352.24 to $374.95 per share; many line-items report weighted-average prices and aggregated ranges (see filing footnotes).
• Footnotes: F1 notes a 10b5-1 plan; several footnotes (F2–F13) indicate aggregated sales over price ranges and that the filer will provide per-price breakdowns to the SEC or shareholders on request.
• Shares owned after transaction: not specified in the provided summary of the Form 4 (the filing references plan-account holdings in a footnote but does not list a post-sale total).
• Filing timeliness: Form 4 was filed Feb 12, 2026 for trades on Feb 10–11, which is within the standard two-business-day reporting window.

Context

• Because these sales were done under a Rule 10b5-1 plan (pre-established trading instructions), they are generally considered routine and may not reflect the insider’s current view of company prospects. For retail investors, purchases by insiders can be a stronger signal than planned sales; this filing documents routine disposition of shares by the CFO.