Form 4: Intel Director Acquires Phantom Stock Units
SEC Form 4 Filing
Director Frank D. Yeary acquired 3,694.581 phantom stock units of Intel Corp on December 27, 2024.
Summary
- Frank D. Yeary, a director of Intel Corp, acquired 3,694.581 phantom stock units on December 27, 2024.
- Each phantom stock unit represents the right to receive the cash value of one share of Intel common stock.
- The price of the phantom stock units was $20.3.
- Following the transaction, Yeary directly owns 36,768.947 phantom stock units.
- These units are payable in cash following the termination of Yeary's service on the board of directors.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company's future.
Stakeholder Impact
- The transaction reflects the director's continued alignment with shareholder interests through equity ownership.
Key Dates
| Date | Description |
|---|---|
| 12/27/2024 | Date of transaction: Frank D. Yeary acquired phantom stock units. |
| 12/31/2024 | Date of signature for the report. |
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