InterDigital (IDCC) CTO Pankaj Rajesh Sells 1,500 Shares

What Happened Pankaj Rajesh, Chief Technology Officer of InterDigital, sold 1,500 shares of InterDigital common stock on September 8, 2026 at $338.00 per share, resulting in gross proceeds of $507,000. This was a sale (not a purchase), which is often routine—especially when executed under a pre-established trading plan.

Key Details

• Transaction date and price: 2026-09-08 — 1,500 shares sold at $338.00 per share (gross $507,000).
• Filing date: Form 4 filed on 2026-09-09 (one day after the transaction); no late filing flag indicated in the provided data.
• Shares owned after transaction: Not specified in the excerpt provided.
• Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted on November 20, 2025 (pre-arranged plan).
• Transaction type: Reported as an open-market or private sale (code S).

Context Sales made under Rule 10b5-1 plans are pre-scheduled and generally considered routine rather than a direct signal of the insider’s current view on the company. For retail investors, purchases by insiders can be more informative about confidence in prospects; sales can reflect diversification, tax planning, or plan-driven activity.