Joshua D. Schmidt - 16 Jan 2024 Form 4 Insider Report for InterDigital, Inc. (IDCC)

Signature
/s/ Ariel E. Greenstein, Attorney-in-Fact for Joshua D. Schmidt
Issuer symbol
IDCC
Transactions as of
16 Jan 2024
Net transactions value
-$36,201
Form type
4
Filing time
17 Jan 2024, 16:01:22 UTC
Previous filing
19 Dec 2023
Next filing
26 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IDCC Common Stock Sale $36,201 -336 -1.8% $107.74 18,267 16 Jan 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on May 24, 2023.