Form 4: InterDigital CEO Sells Shares Under 10b5-1 Plan
Insider Transaction Report
InterDigital President and CEO Lawrence Liren Chen sold 5,958 shares of common stock on January 27, 2026, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- Lawrence Liren Chen, President and CEO, and a Director of InterDigital, Inc. (IDCC), reported transactions.
- On January 27, 2026, Chen disposed of a total of 5,958 shares of InterDigital Common Stock through multiple open market transactions.
- The sales were executed at weighted average prices ranging from $324.58 to $331.16 per share.
- These transactions were conducted pursuant to a Rule 10b5-1 trading plan, which was adopted on September 29, 2025.
- Following these reported transactions, Chen beneficially owns 153,077.008 shares of InterDigital Common Stock directly.
Sentiment
Score: 5
Explanation: The filing reports routine insider sales executed under a pre-arranged 10b5-1 trading plan, which typically mitigates negative sentiment associated with insider selling, making the overall sentiment neutral.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 09/29/2025 | Rule 10b5-1 trading plan adopted |
| 01/27/2026 | Date of earliest transaction (sale of common stock) |
| 01/28/2026 | Signature date of the reporting person's attorney-in-fact |
Recommendation
holdThe filing details routine insider sales by the CEO under a pre-arranged 10b5-1 plan. This type of transaction is typically for personal financial planning and diversification and does not inherently signal a change in the company's fundamental outlook or management's confidence. Therefore, it does not warrant a change in investment recommendation based solely on this filing.
Keywords
InterDigital, IDCC, Lawrence Liren Chen, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, CEO, Director
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