Form 4: Intel CFO David Zinsner Reports Stock Transactions
SEC Form 4 Filing
Intel's CFO, David Zinsner, reported the vesting and subsequent sale of restricted stock units, along with associated tax withholding.
Summary
- David Zinsner, the EVP and CFO of Intel, reported transactions involving Intel common stock on October 31, 2024.
- These transactions included the vesting of 6,502 restricted stock units (RSUs) and the subsequent sale of 3,224 shares to cover tax obligations.
- The sale of shares for tax purposes was executed at a price of $21.86 per share.
- Following these transactions, Zinsner directly owns 155,837 shares of Intel common stock and 6,503 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices, with no inherent positive or negative implications for the company's overall outlook.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's transactions in Intel stock, which is typical for executives receiving stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| April 30, 2022 | Beginning date for quarterly vesting of the restricted stock units. |
| 10/31/2024 | Date of the reported transactions: RSU vesting and stock disposal. |
| 11/01/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.