InterDigital, Inc.·4

Apr 2, 6:26 AM ET

Schmidt Joshua D. 4

Research Summary

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InterDigital (IDCC) CLO Joshua Schmidt Receives RSU Award

What Happened
Joshua D. Schmidt, Chief Legal Officer & Corporate Secretary of InterDigital, Inc. (IDCC), was granted 4,140 restricted stock units (RSUs) on March 31, 2026. The Form 4 reports the acquisition price as $0.00 (award/grant), which reflects an equity award rather than a cash purchase or sale.

Key Details

  • Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (timely filing).
  • Transaction type: A = Award/Grant (restricted stock units).
  • Shares granted: 4,140 RSUs; acquisition price reported: $0.00 (award).
  • Footnote: F1 — RSUs granted pursuant to the company's 2025 Equity Incentive Plan as part of its long-term compensation program.
  • Shares owned after transaction and any vesting schedule are not specified in the provided filing.

Context
This was a compensation award (RSUs), not an open-market purchase or sale. Such grants are part of standard long-term incentive pay and do not by themselves indicate insider sentiment about the stock. Vesting terms, if any, would determine when the shares become exercisable or transferable; those details were not included in the summarized filing.