Pankaj Rajesh 4

What Happened

• Pankaj Rajesh, Chief Technology Officer of InterDigital, was awarded 26.97 shares (restricted stock units) on 2026-04-22. The shares were acquired at $0.00 (total reported value $0.00), reflecting an award rather than a cash purchase.

Key Details

• Transaction date: 2026-04-22; Form 4 filed 2026-04-24 (appears timely).
• Transaction type/code: Award/Grant (A).
• Amount: 26.97 shares acquired at $0.00 each; reported total value $0.00.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnote: These RSUs were issued as dividend equivalents credited on previously granted, unvested RSUs (dividend equivalents accrue when cash dividends are paid).
• No indication in the filing that this was a sale, exercise for immediate sale, 10b5-1 plan transaction, or tax-withholding event.

Context

• This was an award of restricted stock units representing dividend equivalents, not an open-market purchase or a sale. Such awards are typically administrative adjustments tied to dividend payments on outstanding RSUs and should be viewed as compensation/accounting events rather than direct insider buying or selling.