InterDigital, Inc.·4

Apr 24, 6:58 AM ET

Gillman Joan H 4

Research Summary

AI-generated summary

Updated

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.