HUTCHESON STEWART D 4

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.