A Form 4 filed on August 7, 2026 disclosed that Rajesh Pankaj, Chief Technology Officer of InterDigital, Inc. (NASDAQ: IDCC), sold 1,500 shares of common stock on August 5, 2026 under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Rajesh Pankaj, Chief Technology Officer of InterDigital, Inc.
  • Transaction: 1,500 shares of common stock disposed of (transaction code S) on August 5, 2026
  • Sale price: $324.88 per share
  • Remaining ownership: 66,515.7125 shares of common stock beneficially owned directly following the transaction
  • Trading plan: Sales were made pursuant to a Rule 10b5-1 trading plan adopted on November 20, 2025
  • Filing date: August 7, 2026, signed by Ariel E. Greenstein as Attorney-in-Fact for Rajesh Pankaj

InterDigital CTO Share Sale Details and 10b5-1 Plan Context

According to the filing, Rajesh Pankaj, who serves as Chief Technology Officer of InterDigital, Inc., disposed of 1,500 shares of the company's common stock on August 5, 2026 at a price of $324.88 per share. The transaction was recorded as a direct sale (transaction code S). Following the reported transaction, the filing indicates that Pankaj directly beneficially owned 66,515.7125 shares of InterDigital common stock.

The filing disclosed that the sale was made pursuant to a Rule 10b5-1 trading plan, which according to the filing's footnote, was adopted on November 20, 2025. The Form 4 also indicates that the transaction checkbox for Rule 10b5-1(c) compliance was marked, signifying the sale was intended to satisfy the affirmative defense conditions of that rule. No derivative securities transactions were reported in Table II of the filing.

The Form 4 was filed with the United States Securities and Exchange Commission on August 7, 2026, and was signed by Ariel E. Greenstein as Attorney-in-Fact for Rajesh Pankaj. The filing was made as an individual report by one reporting person, covering non-derivative securities held directly.

What Was Disclosed

The filing reported the sale of 1,500 shares of InterDigital, Inc. common stock by Chief Technology Officer Rajesh Pankaj at $324.88 per share on August 5, 2026, under a Rule 10b5-1 plan adopted November 20, 2025, leaving him with 66,515.7125 directly held shares.