Form 4: InterDigital Executive Eeva K. Hakoranta Sells 350 Shares Under 10b5-1 Plan
SEC Form 4 Filing
Eeva K. Hakoranta, Chief Licensing Officer of InterDigital, Inc., sold 350 shares of common stock at a price of $214.51 per share on February 18, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On February 18, 2025, Eeva K. Hakoranta, the Chief Licensing Officer of InterDigital, Inc., sold 350 shares of the company's common stock.
- The sale was executed at a price of $214.51 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on November 19, 2024.
- Following the transaction, Hakoranta directly owns 30,537.1407 shares of InterDigital, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The filing does not contain any forward-looking statements.
Industry Context
This is a routine disclosure of an insider stock sale, which is common among publicly traded companies. The sale was conducted under a pre-arranged trading plan, which is a common practice to avoid accusations of insider trading.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates concerns about opportunistic trading.
Key Dates
| Date | Description |
|---|---|
| 2024-11-19 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-02-18 | Date of stock sale transaction |
| 2025-02-20 | Date of signature on the Form 4 filing |
Keywords
InterDigital, IDCC, Eeva K. Hakoranta, Chief Licensing Officer, Form 4, Stock Sale, Rule 10b5-1, Insider Trading
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