Armaly Samir 4
4 · InterDigital, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
InterDigital (IDCC) Director Samir Armaly Receives RSU Award
What Happened
Samir Armaly, a director of InterDigital, received an award of 906 restricted stock units (RSUs) reported on 2026-06-10 (grant recorded at $0.00). The filing also shows a cash disposition of a fractional share — 0.864 shares settled for $253.91 per share, totaling $219 — reported on 2026-06-11. The grant is an annual non-management director award and the fractional cash payment reflects settlement on vesting.
Key Details
- Transactions: 2026-06-10 — grant of 906 RSUs (Acquisition, $0.00 per share); 2026-06-11 — disposition of 0.864 shares to issuer at $253.91 (cash settlement) for $219 total.
- Shares owned after the transactions: not stated in this filing.
- Footnotes: F1 — annual RSU award under the 2025 Equity Incentive Plan for non-management directors; F2 — the $219 disposition reflects cash settlement of a fractional share from RSUs originally granted on 2025-06-11 and vested on 2026-06-11 (including dividend equivalents).
- Filing: Report filed 2026-06-12 for transactions on 2026-06-10/11 — appears timely (Form 4 is due within two business days).
Context
RSU grants are compensation for board service and are not purchases of stock; fractional RSU amounts are commonly cash-settled rather than delivering fractional shares. This filing reflects routine director compensation and a small cash settlement, not an open-market sale or purchase indicating a trading view.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-10+906→ 5,078.864 total - Disposition to Issuer
Common Stock
[F2]2026-06-11$253.91/sh−0.864$219→ 5,078 total
Footnotes (2)
- [F1]An annual award of restricted stock units granted pursuant to the company's 2025 Equity Incentive Plan in accordance with the company's compensation program for non-management directors.
- [F2]The transaction reported reflects the cash settlement of a fractional share in connection with the vesting of restricted stock units. The restricted stock units were granted to the reporting person on June 11, 2025 pursuant to the company's 2025 Equity Incentive Plan in accordance with the company's compensation program for non-employee directors and vested in full on June 11, 2026, together with accrued dividend equivalent units.