HUTCHESON STEWART D 4
4 · InterDigital, Inc. · Filed Apr 24, 2026
Research Summary
AI-generated summary of this filing
InterDigital (IDCC) Director Stewart D. Hutcheson Receives RSU Award
What Happened Stewart D. Hutcheson, a director of InterDigital, received 35.244 restricted stock units (RSUs) on April 22, 2026. The award was recorded at $0.00 per unit (total reported value $0) and is described as dividend equivalents credited on previously granted, unvested RSUs. This is an award (code A), not a purchase or sale.
Key Details
- Transaction date: 2026-04-22; Form 4 filed: 2026-04-24 (timely filing).
- Amount: 35.244 RSUs; price reported: $0.00; total value reported: $0.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Dividend equivalents were credited on unvested RSUs — these accrue when InterDigital pays cash dividends on common stock.
- Transaction type/code: Award/Grant (A). No 10b5-1 plan or tax-withholding event reported in this filing.
Context RSUs are a promise to deliver shares (or cash equivalent) in the future subject to vesting. Dividend equivalents credited as RSUs increase the number of units tied to existing unvested awards; they do not involve an open-market purchase or sale and require no immediate cash outlay from the insider. Such credits are typically routine and reflect company dividend policy rather than an insider's active buy/sell decision.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-22+35.244→ 21,100.633 total
Footnotes (1)
- [F1]Restricted stock units received pursuant to dividend equivalents credited on unvested restricted stock units previously granted to the reporting person. Dividend equivalents accrue with respect to unvested restricted stock units when and as cash dividends are paid on InterDigital, Inc.'s common stock.