Markley John D. Jr. 4
4 · InterDigital, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
InterDigital (IDCC) Director John Markley Receives Award
What Happened John D. Markley Jr., a director of InterDigital, received an award of 906 restricted stock units (RSUs) reported as a grant on 2026-06-10 (906 shares @ $0.00). In connection with the vesting, a fractional share (0.864 shares) was cash-settled on 2026-06-11 at $253.91 per share, resulting in proceeds of $219. These actions reflect a routine equity award and a nominal cash settlement of a fractional share rather than an open-market purchase or strategic sale.
Key Details
- Transactions: 2026-06-10 — Award/Grant of 906 RSUs (reported at $0.00); 2026-06-11 — Disposition (cash settlement) of 0.864 shares @ $253.91 = $219.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnotes: Award granted under the company’s 2025 Equity Incentive Plan for non-management directors (annual director award). The 0.864-share disposition reflects cash settlement of a fractional share upon vesting of RSUs granted June 11, 2025 and vested June 11, 2026 (including accrued dividend equivalents).
- Filing timeliness: Form 4 filed 2026-06-12 for transactions on 2026-06-10 and 2026-06-11 — no late-filing indication.
Context This filing documents routine director compensation (an RSU award) and a small administrative cash settlement for a fractional share at vesting. Such awards are standard for non-employee directors and the small cash disposition does not by itself indicate a change in company outlook.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-10+906→ 12,135.571 total - Disposition to Issuer
Common Stock
[F2]2026-06-11$253.91/sh−0.864$219→ 12,134.707 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.