CTO at Interdigital, Inc. Sells $501,480 in Stock

Rajesh Pankaj, who serves as CTO at Interdigital, Inc. (IDCC), sold 1,500 shares of the company's stock, according to a disclosure filed with the U.S. Securities and Exchange Commission.

The transaction was executed at a price of $334.32 per share, for a total value of approximately $501,480.

Insider transactions of this kind are publicly disclosed through Form 4 filings with the SEC, which must generally be submitted within two business days of the trade date.

Sales by insiders often reflect routine portfolio management or pre-scheduled trading plans rather than a view on the company's prospects.