Form 4: InterDigital CEO Lawrence Chen Reports Acquisition of Common Stock

Lawrence Chen, President and CEO of InterDigital, Inc., reports acquiring common stock through dividend equivalents credited on unvested restricted stock units.

Summary

• On April 23, 2025, Lawrence Liren Chen, President and CEO of InterDigital, Inc., acquired common stock.
• The acquisition was due to dividend equivalents credited on unvested restricted stock units previously granted to Chen.
• Chen acquired 123.2721 shares of common stock at a price of $0.
• Following the transaction, Chen beneficially owns 182,654.7802 shares of InterDigital common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to executive compensation. The acquisition of shares by the CEO is a mildly positive signal, but it's not a market purchase.

Positives

• The acquisition of shares by the CEO, even through dividend equivalents, can be seen as a positive sign of confidence in the company.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from the CEO.

Key Dates

Keywords

InterDigital, Lawrence Chen, IDCC, common stock, dividend equivalents, restricted stock units, beneficial ownership, Form 4, SEC