The dollar amount is too small to signal anything about the company's outlook. The CTO's sale may be routine diversification. Monitor for any material 8-K or earnings pre-announcement, but this cluster alone does not warrant action.
Price Chart
Executive Summary
Two insiders at InterDigital sold a combined $579K in open-market transactions over two days. The CTO sold $435K at $290, and a director sold $144K at $276.64. The total is less than 0.01% of the $7.5B market cap, making this a trivial cluster. Non-cash director grants (906 shares each, $0 value) on June 10 are routine compensation and carry no signal.
Key Financial Metrics
Key Facts
- CTO Pankaj Rajesh sold 1,500 shares ($435K) on June 11 at $290
- Director Derek Aberle sold 522 shares ($144K) on June 12 at $276.64
- Total open-market sales: $579K, or ~0.008% of $7.5B market cap
- Seven directors received non-cash grants of 906 shares each on June 10 ($0 value)
- No insider buying in the cluster; net direction is selling
Financial Impact
Total open-market sales of $579K represent less than 0.01% of market cap — immaterial
Risk Factors
- Insider selling could accelerate if the stock continues to rise
- No buying insiders to offset the selling signal
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-IDCC-1781612686700 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 13d ago | Press Release | $332.88 | awaiting T+20 | — | $323.94 (−2.69%) |
Aug 26, 2026 8w ago | Institutional Cluster | $344.32 $328.03 | ▼ −4.73% | ▼ −4.96% | $323.94 (−5.92%) |
Aug 10, 2026 11w ago | Insider Cluster | $348.25 $340.94 | ▲ +2.10% | ▲ +1.18% | $323.94 (+6.98%) |
Jul 30, 2026 12w ago | 8-K | $303.33 $334.65 | ▲ +10.33% | ▲ +6.36% | $323.94 (+6.79%) |
Jul 30, 2026 12w ago | Press Release | $303.33 $334.65 | ▲ +10.33% | ▲ +6.36% | $323.94 (+6.79%) |
Jul 23, 2026 13w ago | Press Release | $256.06 $341.74 | ▲ +33.46% | ▲ +30.15% | $323.94 (+26.51%) |
Jul 10, 2026 15w ago | Press Release | $261.52 $348.25 | ▲ +33.16% | ▲ +29.98% | $323.94 (+23.87%) |
Jun 16, 2026 18w ago | Insider Cluster | $287.15 $265.49 | ▼ −7.54% | ▼ −7.74% | $323.94 (+12.81%) |
Jun 16, 2026 18w ago | Press Release | $287.15 $265.49 | ▼ −7.54% | ▼ −7.74% | $323.94 (+12.81%) |
Jun 8, 2026 19w ago | Insider Cluster | $257.11 $276.02 | ▲ +7.35% | ▲ +5.91% | $323.94 (+25.99%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers