4Filed Jul 23, 8:00 PM ET
InterDigital (IDCC) Director Derek K. Aberle Receives Award
$IDCC · InterDigital, Inc.Research Summary
AI-generated summary of this SEC filing
InterDigital (IDCC) Director Derek K. Aberle Receives Award
What Happened
- Derek K. Aberle, a director of InterDigital, Inc. (IDCC), was credited with 2.448 restricted stock units (RSUs) on July 22, 2026. The RSUs were granted at an acquisition price of $0.00 (i.e., no cash paid) as dividend equivalents tied to his previously granted, unvested RSUs.
Key Details
- Transaction date: 2026-07-22; Report filed: 2026-07-24 (timely filing)
- Transaction type: Award/Grant (code A) — 2.448 shares at $0.00
- Consideration/value: $0 reported for the acquisition (these are dividend-equivalent RSUs, not a cash purchase)
- Shares owned after transaction: not specified in the provided filing summary
- Footnote: F1 — the units were issued as dividend equivalents credited on unvested RSUs; dividend equivalents accrue when InterDigital pays cash dividends on common stock
Context
- These units represent dividend equivalents credited on existing unvested RSUs, a common compensation practice that increases the number of RSUs rather than paying cash dividends. Such awards are routine and do not necessarily indicate a personal market view by the insider.