Schmidt Joshua D. 4
4 · InterDigital, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
InterDigital (IDCC) CLO Joshua Schmidt Sells Shares
What Happened
Joshua D. Schmidt, Chief Legal Officer & Corporate Secretary of InterDigital, sold 467 shares of InterDigital common stock in an open-market transaction on February 27, 2026. The shares were sold at $365.86 per share for a total of $170,857. This was a sale (not a purchase), which is typically routine insider liquidity rather than a bullish signal.
Key Details
- Transaction date: 2026-02-27; Price: $365.86 per share; Shares: 467; Total proceeds: $170,857.
- Transaction type: Sale (open market) — reported on Form 4 filed 2026-03-03. Filing date is within the two-business-day SEC deadline for Form 4s.
- Footnote: Sale was made pursuant to a Rule 10b5-1 trading plan adopted March 21, 2025.
- Post-transaction holdings: Not specified in the provided filing details.
Context
10b5-1 plans are pre-arranged trading programs that allow insiders to sell shares according to a preset schedule; transactions under such plans are generally treated as routine and may not reflect the insider’s current view of the company. This entry is a straightforward sale by a company officer and should be viewed as a liquidity event, not necessarily an indicator of company performance.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-27$365.86/sh−467$170,857→ 27,020.694 total
Footnotes (1)
- [F1]The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on March 21, 2025.