Markley John D. Jr. 4
Research Summary
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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.