Markley John D. Jr. 4
Research Summary
AI-generated summary
InterDigital (IDCC) Director John D. Markley Jr. Receives RSU Award
What Happened
John D. Markley Jr., a director of InterDigital, received 6.233 restricted stock units (RSUs) on April 22, 2026. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 per share — these units were credited as dividend equivalents rather than purchased for cash.
Key Details
- Transaction date: 2026-04-22; Filing date: 2026-04-24 (Form 4 appears timely).
- Transaction type/code: Award/Acquisition (A).
- Amount: 6.233 RSUs credited; reported price $0.00 (no cash paid).
- Footnote: RSUs were received pursuant to dividend equivalents credited on unvested RSUs (dividend equivalents accrue when cash dividends are paid on the company's common stock).
- Shares owned after the transaction: not disclosed in the provided excerpt.
Context
This was a dividend-equivalent credit to existing unvested RSUs, not an open-market purchase or sale. Such credits are routine administrative adjustments tied to dividend payments and do not, by themselves, indicate a buy or sell signal from the insider.