InterDigital Inc (IDCC)

[olddog967]

vegas: I have no idea whether the reported block trade you referred to was for a company’s stock repurchase, or, was a block trade for an institution.

If it was for a stock repurchase To come within the safe harbor the purchases must satisfy the Rule's manner, timing, price, and volume conditions. Failure to meet any one of the four conditions will disqualify the issuer's purchases from the safe harbor for the day. I am sure that the firm that handles IDCC’s stock repurchases is well aware of how to meet the safe harbor requirements.

Since the trade apparently was a block trade transaction, the reporting requirements can be complicated. Except for a general NYSE rule that trades be reported promptly, I don’t know what the specific detailed rules are.