Pankaj Rajesh 4

What Happened

• Pankaj Rajesh, Chief Technology Officer of InterDigital, sold 750 shares of IDCC common stock on June 5, 2026. The shares were sold at $258.38 per share for a total proceeds of $193,785. This was a sale (not a purchase), which is commonly a routine disposition rather than a bullish signal.

Key Details

• Transaction date: 2026-06-05
• Price and quantity: 750 shares at $258.38 per share; total proceeds $193,785
• Filing date: Form 4 filed on 2026-06-08 (timely relative to the transaction)
• Shares owned after transaction: not specified in the provided filing
• Footnote: Sales were made pursuant to a Rule 10b5-1 trading plan adopted November 20, 2025 (per footnote F1)
• Transaction type reported as sale (open market/private sale)

Context

• The sale was executed under a 10b5-1 plan, which is a pre-arranged trading program that allows insiders to sell shares on a schedule and can reduce concerns that the sale was based on nonpublic information. For retail investors, purchases generally carry more informational weight than routine sales; this filing documents a scheduled insider sale rather than a new position.