Form 4: InterDigital Director Joan H. Gillman Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Director Joan H. Gillman reports acquiring 1,711 shares of InterDigital, Inc. common stock through an annual award of restricted stock units.

Summary

  • On June 5, 2024, Joan H. Gillman, a director of InterDigital, Inc., acquired 1,711 shares of common stock.
  • The acquisition was an annual award of restricted stock units granted under the company's 2017 Equity Incentive Plan.
  • Following the transaction, Gillman beneficially owns 20,966.8736 shares of InterDigital common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director acquiring shares suggests confidence, but it's a routine transaction.

Positives

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

Industry Context

Directors acquiring company stock is a common practice, often tied to equity compensation plans to align their interests with those of shareholders.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
06/05/2024Date of transaction: Joan H. Gillman acquired 1,711 shares of InterDigital common stock.
06/07/2024Date of report: Form 4 filing date.

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