Form 4: InterDigital CLO Joshua D. Schmidt Reports Changes in Beneficial Ownership

Joshua D. Schmidt, CLO & Corporate Secretary of InterDigital, Inc., reports changes in beneficial ownership of common stock due to the acquisition of restricted stock units through dividend equivalents.

Summary

• On April 23, 2025, Joshua D. Schmidt, the CLO & Corporate Secretary of InterDigital, Inc., reported a transaction involving the company's common stock.
• Schmidt acquired 37.9997 shares of common stock at a price of $0.
• This acquisition was due to dividend equivalents credited on unvested restricted stock units previously granted to Schmidt.
• Following the transaction, Schmidt directly owns 29,270.357 shares of InterDigital common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't convey any particularly positive or negative sentiment.

Positives

• The acquisition of shares through dividend equivalents suggests a continued investment in the company by its executives.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to dividend equivalents on restricted stock units, which is a common form of executive compensation.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves the routine granting of stock as part of executive compensation.

Key Dates

Keywords

InterDigital, IDCC, beneficial ownership, Form 4, Schmidt, Joshua D. Schmidt, CLO, Corporate Secretary, dividend equivalents, restricted stock units, common stock