InterDigital Inc (IDCC)

[jai]

The main reason for so much insider selling is that they can. Under the old chariman of the board extremely generous options and share plans have been in place. This goes back 10 to 15 years of high percentage grants. In recent years these grants have been less frequent and not as big. Also the share grants are now tied to performance. Case in point Board member Roath sold 76K shares that he acquired many years ago from a plan in place to get insiders to buy. I don't remember the exact number but it was like a two for one sale.

So for years insiders have sold only to have the shares replenished by new incentive plans. Also the old COB consistantly sold via 10b PLANS. The follow the leader mentality became the norm.