Form 4: InterDigital Director Sells Shares Under 10b5-1 Plan
Insider Transaction Report
InterDigital Director Joan H. Gillman sold 325 shares of common stock for $352.24 per share on February 11, 2026, under a pre-arranged trading plan.
Summary
- Joan H. Gillman, a Director of InterDigital, Inc. (IDCC), reported a transaction involving the company's common stock.
- The transaction occurred on February 11, 2026.
- Gillman disposed of 325 shares of common stock at a price of $352.24 per share.
- The sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted on November 12, 2025.
- Following this transaction, Gillman directly beneficially owns 22,035.9017 shares of InterDigital common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. The sale is a routine transaction by a director under a pre-established 10b5-1 plan, which typically does not reflect a change in the company's operational or financial health.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
StockSavvy.ai notes that routine insider sales, particularly those executed under a pre-arranged Rule 10b5-1 trading plan, are common and typically do not signal a change in the company's fundamental prospects. Such plans allow insiders to sell shares at predetermined times or prices to avoid accusations of trading on material non-public information.
Stakeholder Impact
- Shareholders: A minor reduction in insider ownership, but generally not indicative of a change in company fundamentals due to the 10b5-1 plan.
Key Dates
| Date | Description |
|---|---|
| 11/12/2025 | Date Rule 10b5-1 trading plan was adopted by Joan H. Gillman. |
| 02/11/2026 | Date of common stock transaction (sale). |
Recommendation
holdA single, pre-planned sale by a director under a Rule 10b5-1 plan is a routine event and typically does not provide new information that would warrant a change in investment recommendation. It is not indicative of a shift in the company's operational performance or future prospects. Investors should continue to hold based on broader company fundamentals and market conditions.
Keywords
InterDigital, IDCC, Form 4, Insider Trading, Stock Sale, Director, 10b5-1 Plan, Common Stock
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