Form 4: InterDigital Director Samir Armaly Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Samir Armaly reports acquisition and disposal of InterDigital, Inc. common stock due to dividend equivalents on unvested restricted stock units.
Summary
- On October 23, 2024, Samir Armaly, a director of InterDigital, Inc., reported changes in beneficial ownership of the company's common stock.
- Armaly acquired 5.1335 shares of common stock at $0 due to dividend equivalents credited on unvested restricted stock units.
- Armaly disposed of 3,897.7762 shares of common stock.
- Following these transactions, Armaly's total beneficial ownership of InterDigital, Inc. common stock is 3,897.7762 shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It simply reports transactions by a company insider.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and major shareholders) to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- The transactions themselves are unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 10/23/2024 | Date of transaction: acquisition and disposal of InterDigital, Inc. common stock. |
| 10/25/2024 | Date of signature for the Form 4 filing. |
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