Form 4: InterDigital Inc. Executive Joshua D. Schmidt Reports Changes in Beneficial Ownership
SEC Form 4
Joshua D. Schmidt, CLO & Corp Secretary of InterDigital, Inc., reports acquisition and disposal of common stock due to dividend equivalents on unvested restricted stock units.
Summary
- On April 24, 2024, Joshua D. Schmidt, CLO & Corp Secretary of InterDigital, Inc., reported changes in beneficial ownership of the company's common stock.
- Schmidt acquired 62.0947 shares of common stock at $0 due to dividend equivalents credited on unvested restricted stock units.
- Schmidt disposed of 24,751.9121 shares of common stock.
- Following the reported transactions, Schmidt beneficially owns 24,751.9121 shares of InterDigital, Inc.
- The transactions were reported on April 26, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with 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 change in beneficial ownership may have a minor impact on shareholders due to the nature of the transaction.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of transaction: acquisition and disposal of common stock. |
| 04/26/2024 | Date of report filing. |
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