Form 4: InterDigital Chief Licensing Officer Hakoranta Sells Shares Under 10b5-1 Plan

Eeva K. Hakoranta, Chief Licensing Officer of InterDigital, Inc., sold shares of common stock on March 19, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Eeva K. Hakoranta, the Chief Licensing Officer of InterDigital, Inc., reported the sale of InterDigital common stock on March 19, 2025.
• The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 19, 2024.
• A total of 984 shares were sold at a weighted average price of $216.51, with individual prices ranging from $216.60 to $217.16.
• An additional 2,124 shares were sold at a weighted average price of $217.95, with individual prices ranging from $217.39 to $218.34.
• Finally, 1,692 shares were sold at a weighted average price of $218.71, with individual prices ranging from $218.41 to $219.26.
• Following these transactions, Hakoranta directly owns 27,517.6142 shares of InterDigital common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales under a pre-arranged plan. It doesn't necessarily indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market.

Key Dates

Keywords

InterDigital, IDCC, Eeva K. Hakoranta, Chief Licensing Officer, Form 4, Rule 10b5-1, insider trading, stock sale