KRITZMACHER JOHN A 4
Research Summary
AI-generated summary
InterDigital (IDCC) Director John A. Kritzmacher Sells 365 Shares
What Happened
John A. Kritzmacher, a director of InterDigital, sold 365 shares in an open-market transaction on June 12, 2026. The shares were sold at $276.64 each for a total of $100,974. This transaction was a sale (not a purchase) and was reported on a Form 4 filed June 16, 2026.
Key Details
- Transaction date and price: 2026-06-12 — 365 shares @ $276.64 each (total $100,974).
- Filing: Form 4 filed 2026-06-16 (filed within the standard two-business-day reporting window).
- Shares owned after transaction: Not specified in the provided details.
- Footnote: Sale was made pursuant to a Rule 10b5-1 trading plan adopted August 12, 2025 to cover the insider’s estimated tax obligations related to restricted stock unit vesting.
Context
Sales under 10b5-1 plans are often pre-arranged and used for routine needs such as tax withholding on vested awards; they do not necessarily signal a change in the insider’s view of the company. The transaction size (~$101k) is modest and appears tied to tax obligations per the filing footnote.