Form 4: InterDigital Officer Sells Shares Under 10b5-1 Plan

InterDigital's Chief Licensing Officer, Julia C. Mattis, sold 1,600 shares of common stock for $257.65 per share as part of a pre-arranged 10b5-1 trading plan.

Summary

• Julia C. Mattis, Chief Licensing Officer at InterDigital, Inc., executed a sale of 1,600 shares of common stock.
• The transaction occurred on June 3, 2026, with shares sold at a price of $257.65 each.
• This sale was conducted under a Rule 10b5-1 trading plan, which was adopted on March 4, 2026.
• Following the transaction, Mattis beneficially owns 11,538.3091 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the transaction was executed under a pre-arranged 10b5-1 plan, mitigating concerns about opportunistic insider selling.

Negatives

• Insider selling of company stock can sometimes be perceived negatively by the market, although this sale was pre-planned.

Future Outlook

The filing does not contain forward-looking statements or guidance. It solely reports a past transaction.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The use of a Rule 10b5-1 plan indicates a structured approach to stock sales, often employed by executives to diversify holdings or meet financial obligations without triggering insider trading concerns.

Stakeholder Impact

• Shareholders: The sale, being pre-planned, is unlikely to have a significant negative impact, but any insider selling can be a point of observation.

Key Dates

Keywords

Form 4, Insider Trading, Rule 10b5-1, Stock Sale, InterDigital, IDCC, Executive Compensation, Beneficial Ownership