Pankaj Rajesh 4

What Happened
Pankaj Rajesh, Chief Technology Officer of InterDigital, sold a total of 1,500 shares in two open-market transactions on July 6, 2026. He sold 750 shares at $282.00 ($211,500) and another 750 shares at $290.00 ($217,500), for combined proceeds of $429,000. These were dispositions (sales), which are often routine insider liquidity events rather than a direct signal of company prospects.

Key Details

• Transaction dates and prices: July 6, 2026 — 750 shares @ $282.00 and 750 shares @ $290.00.
• Total shares sold: 1,500; total proceeds: $429,000.
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnote: Sales were made pursuant to a Rule 10b5-1 trading plan adopted November 20, 2025.
• Filing timing: Form 4 was filed July 7, 2026 (reporting period July 6, 2026), i.e., filed promptly the following day.

Context
A Rule 10b5-1 plan allows insiders to execute prearranged trades at set times or conditions and is commonly used to avoid questions about trading on inside information. Sales under such plans are typically considered pre-planned and routine; they do not by themselves indicate management’s view of the company’s near-term prospects.