Form 4: Intel Director Andrea Jo Goldsmith Acquires Phantom Stock Units

Intel director Andrea Jo Goldsmith acquired 1,477.832 phantom stock units on December 27, 2024, which are payable in cash upon termination of board service.

Summary

• Andrea Jo Goldsmith, a director at Intel, acquired 1,477.832 phantom stock units on December 27, 2024.
• These phantom stock units represent the right to receive the cash value of one share of Intel common stock.
• The units were acquired at a price of $20.3 per share.
• Following this transaction, Ms. Goldsmith directly owns 9,928.081 phantom stock units.
• The phantom stock units are payable in cash after Ms. Goldsmith's service on the board of directors ends.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of a director acquiring phantom stock units, which is a normal part of their compensation. There is no indication of any negative or positive sentiment.

Future Outlook

The phantom stock units will be paid out in cash upon termination of the director's service on the board.

Industry Context

This is a standard transaction for directors of public companies, often used as part of their compensation package. It aligns the director's interests with those of the shareholders.

Comparison to Industry Standards

• Phantom stock units are a common form of equity compensation for directors in publicly traded companies, similar to stock options or restricted stock units.
• The vesting and payout terms are typical, with cash payments upon termination of board service.
• Many technology companies, such as Apple, Microsoft, and Nvidia, use similar compensation structures for their board members.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.
• The transaction has no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

phantom stock units, director, insider trading, intel, equity compensation, corporate governance