Form 4: InterDigital Executive Rajesh Pankaj Sells 700 Shares Under 10b5-1 Trading Plan

Rajesh Pankaj, Chief Technology Officer of InterDigital, Inc., sold 700 shares of common stock at a price of $208.87 per share on May 5, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On May 5, 2025, Rajesh Pankaj, the Chief Technology Officer of InterDigital, Inc., sold 700 shares of the company's common stock.
• The sale was executed at a price of $208.87 per share.
• Following the transaction, Pankaj directly owns 77,579.6204 shares of InterDigital common stock.
• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on May 9, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an executive's stock sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares without being accused of acting on non-public information.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the relatively small number of shares sold and the existence of a pre-arranged trading plan.

Key Dates

Keywords

InterDigital, Rajesh Pankaj, Chief Technology Officer, IDCC, Form 4, Stock Sale, Rule 10b5-1, Insider Trading