InterDigital’s president and CEO, Lawrence Liren Chen, sold 5,950 shares for $1.9 million, representing 3.36% of his direct holdings. The transaction was all direct sales with no involvement of indirect entities or derivatives. Chen’s post-transaction direct ownership stands at 170,935 shares valued at $52.9 million.

Chen’s sale was done through open-market transactions under a Rule 10b5-1 plan. The 5,950-share sale aligns with his historical pattern, maintaining continuity in size and cadence. InterDigital’s strong performance, with a 68% one-year return as of the transaction date, supports the company’s IP monetization strategy amid market volatility.

InterDigital generates revenue through licensing wireless and video technologies to global customers in mobile devices, IoT products, and more. With a focus on advanced R&D and a vast patent portfolio supporting 2G to 5G technologies, the company remains competitive in evolving wireless standards and connected devices market.

The sale was made at a weighted average price of $322.27, with InterDigital closing at $309.23 on Wednesday, showing a one-year total return of 68.15%. Chen’s direct ownership decreased by 5,950 shares, aligning with his recent median transaction size. The company’s strong core thesis lies in patent depth and global licensing leverage.

Read more at Yahoo Finance: What Investors Should Know About a $1.9 Million InterDigital Insider Stock Sale