InterDigital, Inc.·4

Jun 12, 4:52 PM ET

HUTCHESON STEWART D 4

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InterDigital (IDCC) Director Stewart D. Hutcheson Receives Award

What Happened
Stewart D. Hutcheson, a member of InterDigital's board (Director), was granted 906 restricted stock units (RSUs) on June 10, 2026. The Form 4 reports the award as 906 shares acquired at $0.00 (grant); no cash payment was made as this is a compensation award rather than a market purchase.

Key Details

  • Transaction date: 2026-06-10; Form 4 filed 2026-06-12 (timely filing).
  • Transaction type/code: Award/Grant (A) — 906 RSUs @ $0.00; total reported value shown as $0 on the Form 4.
  • Shares owned after transaction: not disclosed in the provided filing excerpt.
  • Footnote: F1 — This is an annual RSU award under InterDigital’s 2025 Equity Incentive Plan as part of the non-management director compensation program.
  • Filing timeliness: Report appears filed within the standard two-business-day Form 4 window.

Context
RSU grants to non-management directors are routine compensation and reflect board pay, not a direct market purchase or sale. Vesting schedules and any future tax-withholding or share-forfeiture provisions (not detailed in this filing) will determine how many shares the director ultimately receives and when. For investors, such awards are compensation-related and are generally less informative about insider sentiment than open-market purchases or sales.