InterDigital Inc (IDCC)

[The Count]

JKJ - Howard's option exercise

He exercised options, so the stock is coming from the company, not another investor. He could have just as easily exercised them today at the same price. So there is no one hurt by his trade. Well, except for the IRS, because he is taxed on the spread between the FMV when exercised and the exercise price. He will still have to pay tax on the amount he deferred by buying sooner, but it will likely be at LTCG rates.