Form 4: InterDigital Executive Eeva K. Hakoranta Reports Sale of Common Stock
SEC Form 4 Filing
Eeva K. Hakoranta, Chief Licensing Officer of InterDigital, Inc., reported the sale of 699 shares of common stock at a price of $95.77 per share on April 3, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On April 5, 2024, a Form 4 filing with the SEC was submitted by Ariel E. Greenstein, Attorney-in-Fact for Eeva K. Hakoranta, Chief Licensing Officer of InterDigital, Inc.
- The form reports a transaction that occurred on April 3, 2024, where Hakoranta sold 699 shares of InterDigital's common stock.
- The sale price was $95.77 per share.
- Following the transaction, Hakoranta beneficially owns 29,983.5209 shares of InterDigital common stock.
- The sale was executed under a Rule 10b5-1 trading plan adopted on June 20, 2023.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an executive's stock sale under a pre-arranged trading plan, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider trading activity and provides transparency to the market regarding the transactions of company executives.
Stakeholder Impact
- The sale of shares by a company executive may have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| June 20, 2023 | Date of adoption of Rule 10b5-1 trading plan |
| April 03, 2024 | Date of stock sale transaction |
| April 05, 2024 | Date of Form 4 filing |
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