Armaly Samir 4
Research Summary
AI-generated summary
InterDigital (IDCC) Director Samir Armaly Sells 470 Shares
What Happened
- Director Samir Armaly reported a sale of 470 shares of InterDigital (IDCC) on June 12, 2026. The shares were disposed at $276.64 per share for a total of $130,021. The sale is reported as an open-market or private sale (code S).
Key Details
- Transaction date: June 12, 2026; Filing date: June 16, 2026 (filed within the standard two-business-day window).
- Price: $276.64 per share; Total value: $130,021.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: Sale made pursuant to a Rule 10b5-1 trading plan adopted August 8, 2025 to cover the insider’s estimated tax obligations in connection with the vesting of restricted stock units (RSUs).
- No indication in the provided data that this insider is a 10% owner.
Context
- Sales under a pre-established Rule 10b5-1 plan are typically routine and intended to follow a preset schedule (here, to cover tax liabilities from RSU vesting), and do not necessarily signal a change in the insider’s view of the company. For retail investors, purchases often carry more weight as a bullish signal than routine sales like this one.