IDCC - InterDigital Chief Technology Officer Sold $52K In Company Stock | Benzinga
Rajesh Pankaj, Chief Technology Officer at InterDigital (NASDAQ:IDCC), reported a large insider sell on October 10, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Pankaj sold 650 shares of InterDigital. The total transaction amounted to $52,207.
InterDigital shares are trading down 0.0% at $80.85 at the time of this writing on Tuesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however an ...