Schmidt Joshua D., serving as Chief Legal Officer and Corporate Secretary, has exhibited a consistent pattern of selling activity in shares of InterDigital, Inc. (IDCC) based on SEC Form 4 filings. Over the course of 26 transactions, Schmidt has exclusively sold shares, with no recorded purchases, totaling $6,245,164.39 in proceeds. The majority of this activity occurred in a concentrated period, with 13 sales executed on March 17, 2026, ranging in value from $42,360 to $370,024.80. These transactions were preceded by smaller dispositions on February 27, 2026, and earlier dates, including $151,608.44 on December 31, 2025, and $184,363.58 on October 31, 2025.
The filings also indicate derivative transactions, including dispositions (code "D") and acquisitions (code "A") of securities, primarily on March 15, 2026. Notably, two large transactions labeled as "F" (indicating a transfer or disposition of securities) occurred on the same day, valued at $1,018,565.85 and $2,392,959.40, respectively. These filings suggest a strategic reduction in Schmidt’s holdings in IDCC, with the most recent activity emphasizing a significant liquidation of shares. The absence of any buying activity underscores a clear bias toward divestment in this single company over the observed period.
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