InterDigital (IDCC) Director John D. Markley Jr. Sells 400 Shares

What Happened John D. Markley Jr., a director of InterDigital, sold 400 shares in an open-market transaction on June 22, 2026 at $300.00 per share, generating gross proceeds of $120,000. This was a sale (not a purchase) and was reported on a Form 4 filed June 23, 2026.

Key Details

• Transaction date & price: 2026-06-22, 400 shares sold at $300.00 each.
• Proceeds: $120,000 (gross).
• Transaction type: Open-market sale (SEC code S).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Sale was made pursuant to a Rule 10b5-1 trading plan adopted March 11, 2026 to cover estimated tax obligations from the vesting of restricted stock units.
• Filing timeliness: Form 4 filed the next day (timely).

Context Trades under a 10b5-1 plan are pre-arranged and commonly used to manage tax obligations or diversify holdings; they do not necessarily reflect the insider’s current view of the company. This sale appears to be routine and tied to tax-related planning per the footnote.