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 April 24, 2024, Samir Armaly, a director of InterDigital, Inc., reported changes in beneficial ownership of the company's common stock.
- Armaly acquired 15.8221 shares of common stock due to dividend equivalents credited on unvested restricted stock units.
- Simultaneously, Armaly disposed of 15.8221 shares of common stock.
- Following these transactions, Armaly beneficially owns 3,957.8988 shares of InterDigital, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to standard compensation practices, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to dividend equivalents on restricted stock units, a common form of executive compensation.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they relate to standard executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of transaction: acquisition and disposal of common stock. |
| 04/26/2024 | Date of signature for the report. |
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