Pankaj Rajesh 4
Research Summary
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InterDigital (IDCC) CTO Pankaj Rajesh Receives Award
What Happened
Pankaj Rajesh, Chief Technology Officer of InterDigital, received an award of 39.251 shares on July 22, 2026. The transaction is coded as an Award/Grant (A) at a reported price of $0.00, so no cash was exchanged at the time of the grant.
Key Details
- Transaction date: 2026-07-22; Form 4 filed: 2026-07-24 (appears timely under the two-business-day rule).
- Transaction type/code: Award/Grant (A).
- Shares awarded: 39.251 shares; price reported: $0.00 (value not realized as cash at grant).
- Footnote: These are restricted stock units received as dividend equivalents credited on unvested RSUs previously granted to the reporting person; dividend equivalents accrue when InterDigital pays cash dividends on its common stock (Footnote F1).
- Shares owned after transaction: not specified in the provided filing excerpt.
- No 10b5-1 plan, tax-withholding sale, or exercise noted in this transaction.
Context
This was an award of dividend-equivalent RSUs, not an open-market purchase or sale. Such awards reflect compensation adjustments tied to dividends on existing unvested RSUs and do not by themselves indicate buying or selling sentiment.