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.