InterDigital (IDCC) Director Jean F. Rankin Receives Award

What Happened

Jean F. Rankin, a director of InterDigital, Inc. (IDCC), was credited with 1.94 restricted stock units (RSUs) on April 22, 2026. The transaction is reported as an award/acquisition (code A) at $0.00 per share (non‑cash grant), so no cash changed hands.

Key Details

• Transaction date: 2026-04-22; reported filing date: 2026-04-24 (filed within standard Form 4 timing).
• Reported transaction: 1.94 RSUs acquired at $0.00 (award/dividend equivalent).
• Shares owned after transaction: not disclosed in the provided filing details.
• Transaction code: A (award/acquisition).
• Footnote (F1): these RSUs were credited as dividend equivalents on unvested restricted stock units previously granted to the reporting person; dividend equivalents accrue when InterDigital pays cash dividends on common stock.
• No indication of a 10b5-1 plan, sale, purchase, or tax withholding noted in the provided data.

Context

This was a crediting of dividend-equivalent RSUs on existing unvested awards—not an open-market purchase or sale. Such dividend-equivalent credits are routine administrative adjustments tied to dividend payments and do not, by themselves, indicate a change in the insider’s view of the company.