Form 4: InterDigital CFO Richard Brezski Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Richard Brezski, CFO of InterDigital, Inc., reports changes in beneficial ownership of company stock due to dividend equivalents and holdings in a 401k plan.
Summary
- On July 24, 2024, Richard Brezski, the Chief Financial Officer of InterDigital, Inc., reported changes in his beneficial ownership of the company's common stock.
- He acquired 181.5881 shares of common stock through dividend equivalents credited on unvested restricted stock units.
- He also indirectly owns 1,974 shares of common stock through the InterDigital Savings and Protection Plan (401k).
- The reported transactions do not involve direct purchase or sale of shares by Mr. Brezski.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock ownership changes. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CFO's stake in the company.
- It assures stakeholders that the CFO's interests are aligned with theirs.
Key Dates
| Date | Description |
|---|---|
| 07/24/2024 | Date of transaction involving acquisition of stock via dividend equivalents. |
| 07/26/2024 | Date of signature on the Form 4 filing. |
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