Pankaj Rajesh 4

What Happened
Pankaj Rajesh, Chief Technology Officer of InterDigital (IDCC), sold 1,500 shares on 2026-06-11 at $290.00 per share, for total proceeds of $435,000. The transaction was a disposition (sale), not a purchase or option exercise.

Key Details

• Transaction date and price: 2026-06-11; 1,500 shares at $290.00 each.
• Total value: $435,000.
• Method: Reported as an open-market or private sale (S).
• Footnote: Sale was made pursuant to a Rule 10b5-1 trading plan adopted on November 20, 2025.
• Shares owned after transaction: Not specified in the information provided.
• Filing timeliness: Form 4 was filed on 2026-06-12 reporting the 2026-06-11 sale; this appears to be timely (within the usual two-business-day reporting window).

Context
A 10b5-1 plan indicates the sale was prearranged under an established trading plan, which can limit how much the transaction reveals about the insider’s current view of the company. Sales are common for liquidity or routine reasons; purchases are generally considered more informative about insider bullishness.