Chen Lawrence Liren 4
4 · InterDigital, Inc. · Filed Apr 24, 2026
Research Summary
AI-generated summary of this filing
InterDigital (IDCC) CEO Lawrence Chen Receives Restricted Stock Units
What Happened
- Lawrence L. Chen, President, CEO and Director of InterDigital, received 53.92 restricted stock units (RSUs) on 2026-04-22. The transaction is reported as an award/acquisition (code A) at $0.00 per share (dividend-equivalent RSUs), so the filing shows $0 cash consideration.
Key Details
- Transaction date: 2026-04-22; Filing date: 2026-04-24 (filed two days after the transaction).
- Transaction type/code: Award/acquisition of RSUs (A).
- Shares received: 53.92 RSUs; reported price: $0.00; total cash consideration reported: $0.
- Shares owned after transaction: Not specified in the information provided in this summary.
- Footnote: Awarded RSUs are dividend equivalents credited on previously granted, unvested RSUs (dividend equivalents accrue when InterDigital pays cash dividends).
Context
- These were dividend-equivalent RSUs (not a purchase or sale). Dividend equivalents credit additional RSUs in lieu of cash dividends on unvested RSUs and are routine compensation/corporate-administration items rather than direct market bets by the insider.
- Such small, automatic awards are common and typically reflect dividend policy and existing equity grants rather than a change in insider sentiment.
Insider Transaction Report
Form 4
Chen Lawrence Liren
DirectorPresident and CEO
Transactions
- Award
Common Stock
[F1]2026-04-22+53.92→ 178,651.697 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.
Signature
/s/ Ariel E. Greenstein, Attorney-in-Fact for Lawrence Liren Chen|2026-04-24