Form 4: InterDigital Director Joan H. Gillman Reports Acquisition of Common Stock Through Dividend Equivalents
SEC Form 4 Filing
Director Joan H. Gillman reports acquiring additional InterDigital, Inc. common stock due to dividend equivalents on unvested restricted stock units.
Summary
- On October 23, 2024, Joan H. Gillman, a director of InterDigital, Inc., acquired 55.883 shares of common stock.
- The acquisition was a result of dividend equivalents credited on unvested restricted stock units previously granted to Gillman.
- These dividend equivalents accrue when cash dividends are paid on InterDigital, Inc.'s common stock.
- The price per share was $0.
- Following the transaction, Gillman beneficially owns 21,084.1825 shares of InterDigital, Inc. common stock.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing. The sentiment is neutral as it simply reports a transaction.
Positives
- The acquisition of shares through dividend equivalents reflects a continued investment in the company by a director.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 10/23/2024 | Date of transaction: Joan H. Gillman acquired common stock. |
| 10/25/2024 | Date of report signature. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.