Form 4: InterDigital CEO Chen to Acquire Shares via Dividends

InterDigital's President and CEO, Lawrence Liren Chen, is scheduled to acquire 76.134 shares of common stock through dividend equivalents on unvested restricted stock units on October 22, 2025.

Summary

• Lawrence Liren Chen, President and CEO of InterDigital, Inc., is scheduled to acquire 76.134 shares of common stock on October 22, 2025.
• These shares will be received as dividend equivalents credited on previously granted unvested restricted stock units.
• Dividend equivalents accrue with respect to unvested restricted stock units when cash dividends are paid on InterDigital, Inc.'s common stock.
• Following this transaction, Chen's beneficial ownership will be 182,835.008 shares of InterDigital common stock.
• This transaction is reported pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 7

Explanation: The acquisition of additional shares by the President and CEO, even through dividend equivalents on unvested restricted stock units, indicates continued alignment of management's interests with shareholders and is a routine positive aspect of executive compensation.

Positives

• Lawrence Liren Chen, President and CEO, will increase his beneficial ownership in InterDigital, Inc., demonstrating continued alignment of management's interests with shareholders.
• The acquisition of shares through dividend equivalents is a routine component of executive compensation, reflecting ongoing participation in the company's equity growth.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Lawrence Liren Chen's increased beneficial ownership aligns his interests further with those of shareholders.

Key Dates

Keywords

InterDigital, IDCC, Lawrence Liren Chen, insider transaction, Form 4, common stock, dividend equivalents, restricted stock units, CEO, director, Rule 10b5-1