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sellModerate cluster of 510b5-1 plan

Lawrence Liren Chen sold $1.9M of IDCC

President and CEO at InterDigital, Inc.. 5,950 shares at an average of $322.28, traded Jan 6, 2026, filed Jan 7, 2026.

Warning score
45
Value
$1.9M
5,950 shares
Holdings after
170,935
-3% from before
From 52-week low
+81%
low $169.15, close $306.85
From 52-week high
-22%
high $393.78, as of Jan 6, 2026

Score components

  • Role
    CEO
    +25
  • Trade size
    $1.9M at market
    +25
  • Share of holdings sold
    Sold 3.4% of holdings
    0
  • Cluster
    5 insiders selling within 14 days
    +15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

IDCCOct 9, 2026 · close 331.31
Since filing Jan 7, 2026: +7.9%SPY +13.8% · excess -5.9%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001628280-26-001172, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Jan 6, 2026SOpen-market sale
Common Stock10b5-1
-2,975$334.08$994k173,910Jan 7, 2026
Jan 7, 2026SOpen-market sale
Common Stock10b5-1
-2,975$310.47$924k170,935Jan 7, 2026

Related signals

Other insiders at InterDigital, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
13Weak
IDCCsell10b5-1
InterDigital, Inc.
Rajesh Pankaj
Chief Technology Officer
$501k
1,500 shares
-2%
13Weak
IDCCsell10b5-1
InterDigital, Inc.
Rajesh Pankaj
Chief Technology Officer
$507k
1,500 shares
-2%
14Weak
IDCCsell 210b5-1
InterDigital, Inc.
Derek K Aberle
director
$144k
522 shares
-6%
14Weak
IDCCsell 210b5-1
InterDigital, Inc.
Samir Armaly
director
$130k
470 shares
-9%
33Weak
IDCCsell 210b5-1
InterDigital, Inc.
Joshua D. Schmidt
CLO & Corp Secretary
$2.1M
6,000 shares
-19%
18Weak
IDCCsell 210b5-1
InterDigital, Inc.
Rajesh Pankaj
Chief Technology Officer
$368k
1,000 shares
-2%
14Weak
IDCCsell 210b5-1
InterDigital, Inc.
Joshua D. Schmidt
CLO & Corp Secretary
$171k
467 shares
-2%
47Moderate
IDCCsell 510b5-1
InterDigital, Inc.
Richard Brezski
Chief Financial Officer
$2.9M
8,005 shares
-10%
20Weak
IDCCsell 410b5-1
InterDigital, Inc.
Joan H Gillman
director
$114k
325 shares
-1%
23Weak
IDCCsell 510b5-1
InterDigital, Inc.
John D. Markley Jr.
director
$262k
700 shares
-6%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Lawrence Liren Chen sold $1.9M of IDCC | InsiderTell