Form 4: InterDigital Director Jean F. Rankin Reports Acquisition of Common Stock

Director Jean F. Rankin reports the acquisition of InterDigital, Inc. common stock due to dividend equivalents credited on unvested restricted stock units.

Summary

• On October 23, 2024, Jean F. Rankin, a director of InterDigital, Inc., acquired 5.1335 shares of common stock.
• The acquisition was a result of dividend equivalents credited on unvested restricted stock units previously granted to Rankin.
• The price per share was $0.
• Following the transaction, Rankin beneficially owns 30,628.7762 shares of InterDigital, Inc. common stock directly.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and the acquisition of shares by a director is generally viewed as a slightly positive sign, but it's not a major event.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency to investors regarding the actions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares acquired through dividend equivalents.

Key Dates