Form 4: InterDigital Director Stewart D. Hutcheson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Stewart D. Hutcheson reports acquisition and disposal of InterDigital, Inc. common stock due to dividend equivalents on unvested restricted stock units.
Summary
- On January 22, 2025, Stewart D. Hutcheson, a director of InterDigital, Inc., reported changes in beneficial ownership of the company's common stock.
- The transactions involved the acquisition of 46.164 shares of common stock due to dividend equivalents credited on unvested restricted stock units.
- Following the transaction, Hutcheson directly owns 28,246.0349 shares of InterDigital, Inc. common stock.
- The dividend equivalents accrue when cash dividends are paid on InterDigital, Inc.'s common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions related to dividend equivalents. It doesn't inherently convey positive or negative 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.
Key Dates
| Date | Description |
|---|---|
| 01/22/2025 | Date of transaction involving acquisition and disposal of common stock. |
| 01/24/2025 | Date of signature by Attorney-in-Fact for Stewart D. Hutcheson. |
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