$ Value
$370K
Shares
1,060
Price
$349
Filed
Mar 17
Insider
Name
Schmidt Joshua D.
Title
CLO & Corp Secretary
CIK
0001889993
Roles
Transaction Details
Transaction Date
2026-03-17
Code
S
Table
Non-Derivative
Ownership
Direct
Equity Swap
No
Shares After
27,657
Footnotes
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 13,718 restricted stock units, vested on March 15, 2026 together with 568.3085 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 15, 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 sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted on March 21, 2025. | The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $343.60 to $344.56 per share. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold by the Reporting Person at each separate price within the ranges set forth in this footnote and in the other footnotes in this Form 4 indicating a weighted average price. | The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $344.64 to $345.56 per share. The price reported represents the weighted average price. | The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $345.70 to $346.56 per share. The price reported represents the weighted average price. | The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $347.63 to $348.61 per share. The price reported represents the weighted average price. | The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $348.63 to $349.62 per share. The price reported represents the weighted average price. | The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $349.77 to $350.75 per share. The price reported represents the weighted average price. | The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $350.81 to $351.23 per share. The price reported represents the weighted average price. | The number of securities reported represents an aggregate number of shares sold in multiple open market transactions over a range of sales prices ranging from $355.04 to $355.55 per share. The price reported represents the weighted average price.
Filing Info
Schmidt Joshua D.'s History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2026-03-31 | IDCC | A | $0 |
| 2026-03-17 | IDCC | ▼ | $215K |
| 2026-03-17 | IDCC | ▼ | $344K |
| 2026-03-17 | IDCC | ▼ | $245K |
| 2026-03-17 | IDCC | ▼ | $293K |
| 2026-03-17 | IDCC | ▼ | $370K |
| 2026-03-17 | IDCC | ▼ | $279K |
| 2026-03-17 | IDCC | ▼ | $189K |
| 2026-03-17 | IDCC | ▼ | $42K |
| 2026-03-17 | IDCC | ▼ | $111K |
Other Insiders at IDCC (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
| KRITZMACHER JOHN A | — | — | 2026-01-28 |
| RANKIN JEAN F | — | — | 2026-01-28 |
| HUTCHESON STEWART D | — | — | 2026-01-28 |
|
BREZSKI RICHARD
Chief Financial Officer
|
— | $2.9M | 2026-03-31 |
| ABERLE DEREK K | — | — | 2026-01-28 |
| Markley John D. Jr. | — | $262K | 2026-02-10 |
| Gillman Joan H | — | $114K | 2026-02-11 |
| Armaly Samir | — | — | 2026-01-28 |
|
Chen Lawrence Liren
President and CEO
|
— | $2.0M | 2026-03-31 |
|
Schmidt Joshua D.
CLO & Corp Secretary
|
— | $1.9M | 2026-03-31 |
|
Pankaj Rajesh
Chief Technology Officer
|
— | $1.2M | 2026-04-06 |
|
Mattis Julia C
Chief Licensing Officer
|
— | — | 2026-03-31 |