SEC Form 4 · accession 0001628280-26-062376
InterDigital, Inc. · IDCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence Liren Chen
Officer — President and CEO · Director
Period of report
Sep 15, 2026
Accepted (ET)
Sep 17, 2026 · 8:09 am EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001405495
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 15, 2026 | A | 48,070 | $0.00 | A | 226,800 | D | |
| Common Stock | Sep 15, 2026 | F | 20,896 | $340.38 | D | 205,904 | D | |
| Common Stock | Sep 15, 2026 | D | 5 | $340.38 | D | 205,899 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right-to-Buy) | $106.46 | Sep 15, 2026 | A | 137,400 | A | Sep 15, 2026 | Mar 31, 2034 | Common Stock | 137,400 | 652,289 | D |
Explanation of responses
- F1The transaction reported represents the vesting of awards of performance-based restricted stock units granted to the reporting person on March 31, 2024 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program. Based on the achievement of specified milestone goals, 200% of the reporting person's target performance-based restricted stock unit awards, or 46,966 restricted stock units, vested on September 15, 2026 together with 1,103.854 additional shares representing accrued dividend equivalent units.
- F2The transaction reported reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability in connection with the vesting of awards of performance-based restricted stock units described above.
- F3The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of awards of performance-based restricted stock units described above.
- F4The transaction reported represents the vesting of an award of performance-based stock options granted to the reporting person on March 31, 2024 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program. Based on the achievement of specified milestone goals, 200% of the reporting person's target performance-based stock options vested on September 15, 2026.