Gillman Joan H 4
Research Summary
AI-generated summary
InterDigital (IDCC) Director Joan H. Gillman Receives Award
What Happened
Joan H. Gillman, a director of InterDigital, Inc. (IDCC), was credited with 37.236 restricted stock units (RSUs) on April 22, 2026. The units were recorded at $0.00 per share (total cash value $0) and are described as dividend equivalents credited on previously granted unvested RSUs. This was an award (transaction code A), not a purchase or sale.
Key Details
- Transaction date: 2026-04-22; Filing date (Form 4): 2026-04-24 (appears filed within the standard reporting window).
- Shares/units acquired: 37.236 RSUs; price per unit: $0.00; total reported cash value: $0.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Dividend equivalents were credited on unvested RSUs when cash dividends were paid (per footnote F1).
- Transaction type: Award/grant (A). No 10b5-1 plan, sale, or exercise reported in this transaction.
Context
Dividend-equivalent RSUs are commonly credited to holders of unvested RSUs when a company pays dividends on its common stock; they typically vest according to the original grant schedule and can have tax withholding implications when they vest or are settled. This transaction represents an administrative credit—not an open-market purchase or sale—and should be viewed as a grant-related adjustment rather than a direct signal of insider buying or selling.