Form 4: InterDigital Director Jean F. Rankin Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Jean F. Rankin reports acquiring 5.6427 shares of InterDigital, Inc. common stock due to dividend equivalents.
Summary
- On July 24, 2024, Jean F. Rankin, a director of InterDigital, Inc., acquired 5.6427 shares of common stock.
- The acquisition was a result of dividend equivalents credited on unvested restricted stock units previously granted to Rankin.
- Following the transaction, Rankin beneficially owns 30,623.6427 shares of InterDigital, Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction disclosure. The acquisition of shares by a director is generally a positive sign, but the quantity is small.
Positives
- The acquisition of shares by a director could be perceived positively, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 07/24/2024 | Date of transaction: Jean F. Rankin acquired shares of InterDigital, Inc. common stock. |
| 07/26/2024 | Date of signature on the report. |
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