Form 4: InterDigital Insider Sells Shares Under 10b5-1 Plan
Insider Transaction Report
InterDigital's Chief Technology Officer, Pankaj Rajesh, sold 750 shares of common stock for $258.38 per share on June 5, 2026, as part of a pre-arranged 10b5-1 trading plan.
Summary
- Pankaj Rajesh, Chief Technology Officer at InterDigital, Inc., reported a transaction on June 5, 2026.
- The transaction involved the sale of 750 shares of common stock.
- The sale was executed at a price of $258.38 per share.
- The total value of the transaction was $70,976.46.
- This sale was made under a Rule 10b5-1 trading plan adopted on November 20, 2025.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as the sale was conducted under a pre-arranged 10b5-1 plan, mitigating concerns about opportunistic insider trading.
Negatives
- Insider selling can sometimes be interpreted negatively by the market, though this sale was conducted under a pre-established trading plan.
Future Outlook
The filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that insider sales under Rule 10b5-1 plans are common and are designed to avoid concerns about insider trading, as they are pre-scheduled. However, the market may still react to any significant insider selling.
Stakeholder Impact
- Shareholders: May observe the sale, but the 10b5-1 plan context suggests it's not necessarily a negative signal about the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 11/20/2025 | Date Rule 10b5-1 trading plan was adopted. |
| 06/05/2026 | Date of the reported stock sale transaction. |
| 06/08/2026 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
InterDigital, IDCC, Form 4, Insider Trading, 10b5-1 Plan, Stock Sale, Pankaj Rajesh, Chief Technology Officer
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