Form 4: InterDigital CFO Sells Shares Under Pre-Arranged Plan

InterDigital's Chief Financial Officer, Richard Brezski, executed pre-planned sales of common stock totaling 7,795 shares in early February 2026 under a Rule 10b5-1 trading plan.

Summary

• Richard Brezski, Chief Financial Officer of InterDigital, Inc. (IDCC), reported the sale of 7,795 shares of common stock.
• The transactions occurred on February 10, 2026, and February 11, 2026.
• All sales were executed pursuant to a Rule 10b5-1 trading plan adopted on September 26, 2025.
• On February 10, 2026, a total of 5,795 shares were sold across multiple open market transactions with weighted average prices ranging from $353.67 to $374.94 per share.
• On February 11, 2026, an additional 2,000 shares were sold at a weighted average price of $352.24 per share.
• Following these transactions, Richard Brezski directly beneficially owns 70,403.5937 shares of common stock.
• Additionally, 1,953 shares are indirectly beneficially owned through the InterDigital Savings and Protection Plan (401k Plan).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While insider selling can sometimes be a negative signal, the transactions were executed under a pre-arranged Rule 10b5-1 trading plan, indicating personal financial planning rather than a reaction to new company-specific information.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a scheduled transaction for personal financial planning rather than a reaction to new, adverse company information.

Negatives

• Insider selling, even when pre-planned, can sometimes be interpreted by the market as a signal of reduced conviction in the company's near-term stock price appreciation, although this is often for personal liquidity or diversification.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that this filing details an individual insider transaction and does not provide information directly related to broader industry trends or competitive landscape analysis for InterDigital, Inc.

Stakeholder Impact

• Shareholders may note the insider selling activity, but the pre-planned nature under a 10b5-1 plan typically mitigates concerns about immediate negative implications for the company's prospects.

Key Dates

Recommendation

The filing details routine insider selling under a pre-established 10b5-1 plan, which is typically for personal financial management and does not inherently signal a change in the company's fundamental outlook. Investors should consider this transaction in the broader context of InterDigital's financial performance and strategic initiatives.

Keywords

InterDigital, IDCC, Richard Brezski, CFO, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Common Stock