InterDigital (IDCC) CEO Chen Lawrence Liren Receives RSU Award

What Happened

• Chen Lawrence Liren, President & CEO and director of InterDigital, received 78.472 restricted stock units (RSUs) on July 22, 2026. The units are recorded at $0.00 per share (dividend-equivalent RSUs), total value shown as $0 in the Form 4 filing. This is an award (code A), not a purchase or sale.

Key Details

• Transaction date: 2026-07-22; Form 4 filed: 2026-07-24.
• Transaction type: Award/grant (A); 78.472 RSUs acquired at $0.00.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: These RSUs were issued as dividend equivalents credited on previously granted, unvested RSUs—i.e., dividend accruals converted into additional restricted units when cash dividends were paid.
• Timeliness: Filing appears timely (no late-filing code noted).

Context

• This was an award of dividend-equivalent RSUs tied to existing unvested RSUs, not a market purchase or sale; such awards are typically administrative/compensation-related and do not by themselves indicate a change in insider sentiment.
• For retail investors, purchases are often more informative than awards; treat this as routine compensation/dividend processing unless additional trading by the insider occurs.