RANKIN JEAN F 4
4 · InterDigital, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
InterDigital (IDCC) Director Jean Rankin Receives RSU Award
What Happened
- Jean F. Rankin, a director of InterDigital, received an award of 906 restricted stock units (RSUs) on 2026-06-10 (reported as an acquisition at $0.00, total $0).
- A separate disposition on 2026-06-11 shows 0.864 shares cash-settled at $253.91 per share for $219 — this reflects the cash settlement of a fractional share that arose when RSUs vested.
Key Details
- Transaction dates and amounts:
- 2026-06-10: Award/Grant (Code A) — 906 RSUs @ $0.00 (value $0).
- 2026-06-11: Disposition to issuer (cash settlement) — 0.864 share @ $253.91 = $219.
- The RSUs were granted under the company’s 2025 Equity Incentive Plan (footnote F1).
- The 0.864-share cash payment reflects settlement of a fractional share upon vesting; the RSUs were originally granted on 2026-06-11 of the prior year and vested in full on 2026-06-11 with accrued dividend equivalents (footnote F2).
- Shares owned after the transactions are not specified in the provided data.
- Filing was submitted on 2026-06-12 for activity on 2026-06-10/11 — this appears to be timely under Form 4 reporting rules.
Context
- This filing reflects routine director compensation (an annual RSU award) and a standard cash settlement for a fractional share at vesting, not an open-market sale or purchase decision. Such awards are common for non-employee directors and do not, by themselves, indicate a change in the director’s market view.
Insider Transaction Report
Form 4
RANKIN JEAN F
Director
Transactions
- Award
Common Stock
[F1]2026-06-10+906→ 29,303.864 total - Disposition to Issuer
Common Stock
[F2]2026-06-11$253.91/sh−0.864$219→ 29,303 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.
Signature
/s/ Ariel E. Greenstein, Attorney-in-Fact for Jean F. Rankin|2026-06-12