Form 4: InterDigital CTO Sells 1,000 Shares Under 10b5-1 Plan

InterDigital's Chief Technology Officer, Rajesh Pankaj, reported the sale of 1,000 shares of common stock at $326.75 per share, executed under a pre-arranged 10b5-1 trading plan.

Summary

• Rajesh Pankaj, Chief Technology Officer of InterDigital, Inc. (IDCC), reported a transaction involving the company's common stock.
• On January 5, 2026, Mr. Pankaj disposed of 1,000 shares of Common Stock.
• The sale price per share was $326.75.
• Following this transaction, Mr. Pankaj beneficially owns 62,157.0488 shares of InterDigital Common Stock.
• The transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on March 20, 2025.

Sentiment

Score: 5

Explanation: A routine insider sale under a pre-arranged 10b5-1 plan is generally neutral in sentiment, as it reflects a pre-scheduled event rather than a discretionary decision based on new company performance or outlook.

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, but generally viewed as a pre-planned event with minimal impact on company valuation or strategy.

Key Dates

Recommendation

The sale of shares by the Chief Technology Officer was conducted under a pre-arranged Rule 10b5-1 trading plan, which indicates a scheduled transaction rather than a discretionary sale based on new material information. Such routine insider sales typically do not provide new insights into the company's fundamental value or future prospects, thus a 'hold' recommendation remains appropriate based solely on this filing.

Keywords

InterDigital, IDCC, Rajesh Pankaj, Chief Technology Officer, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Common Stock