Pankaj Rajesh 4
Research Summary
AI-generated summary
InterDigital (IDCC) CTO Pankaj Rajesh Receives Award
What Happened
Pankaj Rajesh, Chief Technology Officer of InterDigital, received an award of 5,795 restricted stock units (RSUs) on March 31, 2026. The transaction is recorded as an award/acquisition at $0.00 per share (total reported consideration $0), consistent with a grant of compensation rather than an open‑market purchase.
Key Details
- Transaction date: 2026-03-31 (Form 4 filed 2026-04-02)
- Transaction type/code: Award/Grant (A)
- Shares/units granted: 5,795 RSUs
- Price per share: $0.00 (grant)
- Total reported cash consideration: $0
- Shares owned after transaction: Not specified in the provided filing excerpt
- Footnote: RSUs were granted pursuant to the company’s 2025 Equity Incentive Plan as part of the long‑term compensation program
- Timeliness: Filing appears timely (filed within typical two business days of the transaction)
Context
RSUs are a form of compensation that typically convert to actual shares only after vesting and therefore do not represent an immediate market purchase or sale. Grants like this are common for executives and reflect compensation decisions rather than direct signals of insider buying or selling.