Form 4: InterDigital Executive Rajesh Pankaj Reports Acquisition of Common Stock
SEC Form 4 Filing
Rajesh Pankaj, Chief Technology Officer of InterDigital, Inc., reports acquiring common stock through dividend equivalents credited on unvested restricted stock units.
Summary
- On April 24, 2024, Rajesh Pankaj, the Chief Technology Officer of InterDigital, Inc., acquired 228.0726 shares of common stock.
- The acquisition was a result of dividend equivalents credited on unvested restricted stock units previously granted to Pankaj.
- These dividend equivalents accrue when cash dividends are paid on InterDigital, Inc.'s common stock.
- Following the transaction, Pankaj directly owns 65,167.3743 shares of InterDigital's common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock ownership, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, primarily reflecting changes in executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of transaction: Rajesh Pankaj acquired common stock. |
| 04/26/2024 | Date of signature on the report. |
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