Form 4: Director John D. Markley Jr. Sells Fractional Share of InterDigital, Inc. Stock

John D. Markley Jr., a director of InterDigital, Inc., sold a fractional share of common stock on June 7, 2024, due to the cash settlement of a fractional share in connection with the vesting of restricted stock units.

Summary

• On June 7, 2024, John D. Markley Jr., a director of InterDigital, Inc., executed a transaction involving the company's common stock.
• The transaction involved the disposal of 0.6067 shares at a price of $117.3 per share.
• This disposal was due to the cash settlement of a fractional share resulting from the vesting of restricted stock units.
• These restricted stock units were granted on June 7, 2023, under the company's 2017 Equity Incentive Plan.
• Following the transaction, Markley directly owns 12,951.7037 shares of InterDigital, Inc.
• The restricted stock units vested in full on June 7, 2024, along with accrued dividend equivalent units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency regarding the holdings of company directors. It doesn't necessarily reflect a significant trend or event within the broader technology or telecommunications industry.

Key Dates