ABERLE DEREK K 4

What Happened
Derek K. Aberle, a member of InterDigital, Inc.'s (IDCC) board of directors, received an annual award of 906 restricted stock units (RSUs) reported as an acquisition on 2026-06-10 (906 shares @ $0.00, value $0). In connection with the vesting, a fractional share (0.864 shares) was cash-settled back to the issuer on 2026-06-11 at $253.91 per share for proceeds of $219.

Key Details

• Transaction dates and prices:
  • 2026-06-10: Award/Grant of 906 RSUs reported at $0.00 per share (grant value shown as $0 on Form 4).
  • 2026-06-11: Disposition to issuer of 0.864 shares at $253.91 per share, proceeds $219.
• Shares owned after transaction: not specified on the provided Form 4 (ownership after the transactions not reported here).
• Footnotes:
  • F1: Awarded under the company's 2025 Equity Incentive Plan as part of the non-management director compensation program (annual award).
  • F2: The 0.864-share disposition reflects cash settlement of a fractional share from RSUs that were originally granted June 11, 2025 and vested in full on June 11, 2026, including dividend equivalents.
• Filing timeliness: Form filed 2026-06-12 for report period through 2026-06-10/11; appears to be timely (filed within typical reporting window).

Context

• These were equity awards (RSUs), not open-market purchases or sales by choice. The cash settlement of a fractional share is a routine administrative action when vested units result in fractional shares and does not necessarily reflect a trading decision.
• Awards to non-employee directors are common as compensation and are different from purchases (which some investors view as a stronger bullish signal).