Form 4: InterDigital Executive Rajesh Pankaj Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Rajesh Pankaj, Chief Technology Officer of InterDigital, Inc., reports acquisition and disposal of common stock related to dividend equivalents on unvested restricted stock units.
Summary
- Rajesh Pankaj, the Chief Technology Officer of InterDigital, Inc., filed a Form 4 with the SEC.
- The filing reports changes in beneficial ownership of InterDigital's common stock.
- On October 23, 2024, Pankaj acquired common stock through dividend equivalents credited on unvested restricted stock units.
- Following the transaction, Pankaj directly owns 55,096.6625 shares of InterDigital common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 10/23/2024 | Date of transaction involving acquisition of common stock via dividend equivalents. |
| 10/25/2024 | Date of signature on the Form 4 filing. |
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