Pankaj Rajesh 4
Research Summary
AI-generated summary
InterDigital (IDCC) CTO Pankaj Rajesh Sells 1,000 Shares
What Happened
Pankaj Rajesh, Chief Technology Officer of InterDigital, sold 1,000 shares on March 5, 2026 at $368.10 per share, generating approximately $368,100 in proceeds. The transaction is reported as a sale (S) via open market or private sale.
Key Details
- Transaction date: 2026-03-05; Form 4 filed 2026-03-06.
- Price: $368.10 per share; total proceeds ≈ $368,100.
- Transaction type: Sale (S) — open market or private sale.
- Shares owned after transaction: Not specified in the provided excerpt; see the full Form 4 for updated holdings.
- Footnote: Sale was made pursuant to a Rule 10b5-1 trading plan adopted March 20, 2025.
- Timeliness: Filed the day after the trade — appears timely (no late filing indicated).
Context
Trades executed under a 10b5-1 plan are prearranged and often routine; they do not necessarily reflect a change in the insider’s view of the company. Sales are generally less informative than purchases for gauging insider confidence. For a complete picture (current holdings, other recent trades, or additional disclosures), consult the full Form 4 on the SEC EDGAR site.