Form 4: InterDigital Director John D. Markley Jr. Reports Acquisition of Restricted Stock Units

Director John D. Markley Jr. reports acquiring 1,711 restricted stock units of InterDigital, Inc. on June 5, 2024, bringing his total holdings to 12,952.3104 shares.

Summary

• John D. Markley Jr., a director of InterDigital, Inc., filed a Form 4 on June 7, 2024.
• The form reports a transaction that occurred on June 5, 2024, where Markley acquired 1,711 shares of Common Stock through an award of restricted stock units.
• These units were granted under the company's 2017 Equity Incentive Plan as part of the non-management director compensation program.
• Following this transaction, Markley's total beneficial ownership of InterDigital's common stock is 12,952.3104 shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and insider alignment with company performance.

Positives

• The acquisition of restricted stock units aligns the director's interests with the company's long-term performance.

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 has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates