Form 4: InterDigital CFO Richard Brezski Reports Acquisition of Common Stock and Restricted Stock Units
SEC Form 4 Filing
Richard Brezski, CFO of InterDigital, Inc., reports the acquisition of common stock and restricted stock units, increasing his beneficial ownership.
Summary
- On March 31, 2025, Richard Brezski, the Chief Financial Officer of InterDigital, Inc., acquired 6,771 shares of common stock at $0 per share.
- These shares were granted as restricted stock units under the company's 2017 Equity Incentive Plan.
- Brezski also indirectly owns 1,958 shares of common stock through the InterDigital Savings and Protection Plan.
- Following these transactions, Brezski directly owns 90,222.2032 shares of InterDigital common stock.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. The acquisition of shares by the CFO could be seen as a positive sign, but it's a standard part of compensation.
Positives
- The acquisition of restricted stock units aligns the CFO's interests with the long-term performance of the company.
- Increased ownership demonstrates confidence in InterDigital's future prospects.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The increased ownership by the CFO may positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Acquisition of common stock and restricted stock units. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
InterDigital, IDCC, Richard Brezski, CFO, Form 4, Beneficial Ownership, Restricted Stock Units, Equity Incentive Plan, Common Stock, Savings and Protection Plan
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