InterDigital (NASDAQ: IDCC) CEO awarded stock options and performance RSUs
Rhea-AI Filing Summary
InterDigital, Inc. President and CEO Lawrence Liren Chen reported routine equity compensation activity. On March 15, 2026, he received a grant of 125,360 employee stock options with an exercise price of $72.90 per share, expiring on March 31, 2033, under the company’s 2017 Equity Incentive Plan.
Performance-based restricted stock units granted in prior years vested, resulting in 40,742 shares plus 1,687.8576 dividend-equivalent shares becoming common stock. To cover tax liabilities tied to these vestings, a total of 27,477 shares was withheld or disposed to the issuer, rather than sold on the open market. After these transactions, Chen directly holds 168,111.7766 common shares and 514,889 stock options, indicating these events are compensation- and tax-related rather than discretionary market trading.
Positive
- None.
Negative
- None.
Insights
CEO equity awards and tax withholdings show routine compensation, not open-market trading.
The reporting shows stock option and RSU vesting for InterDigital’s CEO under the 2017 Equity Incentive Plan. A grant of 125,360 options at $72.90 and vesting of performance-based RSUs reflect long-term incentive structures tied to 2023 performance goals.
Dispositions coded as F and D represent tax withholding and fractional-share cash settlements, not market sales. The CEO ends with 168,111.7766 common shares and 514,889 options, so these transactions look primarily administrative and compensation-driven, with limited signaling value for investors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right-to-Buy) | 125,360 | $0.00 | -- |
| Grant/Award | Common Stock | 42,429.858 | $0.00 | -- |
| Tax Withholding | Common Stock | 18,451 | $362.35 | $6.69M |
| Disposition | Common Stock | 0.858 | $362.35 | $310.75 |
| Tax Withholding | Common Stock | 9,026 | $362.35 | $3.27M |
| Disposition | Common Stock | 0.864 | $362.35 | $313.00 |
Footnotes (1)
- The transaction reported represents the vesting of awards of performance-based restricted stock units granted to the reporting person on March 31, 2023 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program. Based on the achievement level of the 2023 cycle performance goal, 200% of the reporting person's target performance-based restricted stock unit awards, or 40,742 restricted stock units, vested on March 15, 2026 together with 1,687.8576 additional shares representing accrued dividend equivalent units. The 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. The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of awards of performance-based restricted stock units described above. The transaction reported reflects the withholding of restricted stock units in satisfaction of the reporting person's tax liability. The restricted stock units were granted to the reporting person on March 31, 2023, March 20, 2024 and March 31, 2025 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program and vested on March 15, 2026, together with accrued dividend equivalents. The transaction reported reflects the cash settlement of fractional shares in connection with the vesting of restricted stock units, as described in the previous footnote. The transaction reported represents the vesting of an award of performance-based stock options granted to the reporting person on March 31, 2023 pursuant to the company's 2017 Equity Incentive Plan in accordance with the company's long-term compensation program. Based on the achievement level of the 2023 cycle performance goal, 200% of the reporting person's target performance-based stock options vested on March 15, 2026.