Lawrence Liren Chen, President and CEO of InterDigital, Inc., filed a Form 4 on October 30, 2026, reporting the acquisition of 68.1359 shares of common stock on October 28, 2026, through dividend equivalents credited on unvested restricted stock units.

Key Highlights

  • Reporting person: Lawrence Liren Chen, President and CEO and Director of InterDigital, Inc. (NASDAQ:IDCC)
  • Transaction date: October 28, 2026
  • Securities acquired: 68.1359 shares of common stock, transaction code "A" (acquired), at a price of $0
  • Source of acquisition: Restricted stock units received pursuant to dividend equivalents credited on unvested restricted stock units previously granted to the reporting person
  • Beneficial ownership following transaction: 205,967.3052 shares of common stock, held directly
  • Filing signed by: Ariel E. Greenstein, Attorney-in-Fact for Lawrence Liren Chen, on October 30, 2026

Dividend Equivalent RSU Credit for InterDigital's President and CEO

According to the Form 4 filing, Lawrence Liren Chen, who serves as both President and CEO and as a Director of InterDigital, Inc., reported the acquisition of 68.1359 shares of the company's common stock on October 28, 2026. The transaction carried code "A," indicating an acquisition, and the price recorded was $0.

The filing explains that the shares were "restricted stock units received pursuant to dividend equivalents credited on unvested restricted stock units previously granted to the reporting person." It further states that "dividend equivalents accrue with respect to unvested restricted stock units when and as cash dividends are paid on InterDigital, Inc.'s common stock." No cash consideration was paid by Chen in connection with this transaction.

Following this reported transaction, Chen's direct beneficial ownership of InterDigital common stock stood at 205,967.3052 shares, according to the filing. No derivative securities transactions were reported in Table II of the form. The filing was submitted by Ariel E. Greenstein as Attorney-in-Fact for Lawrence Liren Chen.

What Was Disclosed

InterDigital's President and CEO Lawrence Liren Chen reported acquiring 68.1359 shares of common stock on October 28, 2026, at $0, through dividend equivalents on previously granted unvested restricted stock units, bringing his direct beneficial ownership to 205,967.3052 shares.