Armaly Samir 4
Research Summary
AI-generated summary
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.