Two C-suite insiders at InterDigital sold a combined $606K in open-market transactions over three days, representing 0.009% of the $6.7B market cap — a trivial amount for a company this size. The cluster is driven by modest, likely routine portfolio diversification or tax-planning trades by the CTO and Chief Licensing Officer, not by shared bearish conviction.
Price Chart
Executive Summary
Two C-suite insiders at InterDigital sold a combined $606K in open-market transactions over three days, representing 0.009% of the $6.7B market cap — a trivial amount for a company this size. The cluster is driven by modest, likely routine portfolio diversification or tax-planning trades by the CTO and Chief Licensing Officer, not by shared bearish conviction.
Key Financial Metrics
Key Facts
- Chief Technology Officer Pankaj Rajesh sold 750 shares at $258.38 for $194K on June 5, 2026
- Chief Licensing Officer Julia C. Mattis sold 1,600 shares at $257.65 for $412K on June 3, 2026
- Total cluster value is $606K, representing only ~0.009% of IDCC's $6.7B market cap
- Both transactions are open-market sells (code S), not option exercises or tax withholdings
- No insider buying occurred in the 7-day cluster window
Financial Impact
Insider selling of $606K is immaterial relative to $6.7B market cap — less than 1 basis point of total equity
Risk Factors
- Insider sells may continue near blackout windows around earnings, though current dollar amounts are trivial
- Any future unexpected CEO/CFO sell of material size would warrant closer attention, unlike these small C-suite sells
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-1780950466025 |
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
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