Form 4: Intel Director Andrea Jo Goldsmith Reports Acquisition of Phantom Stock Units

Director Andrea Jo Goldsmith reports acquiring phantom stock units and dividend reinvestments in Intel common stock.

Summary

• On September 27, 2024, Andrea Jo Goldsmith, a director of Intel Corp, acquired 1,254.706 phantom stock units.
• These units represent the right to receive the cash value of one share of Intel common stock and are payable in cash following termination of her service on the board.
• The reporting person also acquired 44.472 units via dividend reinvestment in September 2024.
• Following these transactions, Goldsmith beneficially owns 8,450.249 phantom stock units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.

Comparison to Industry Standards

• Director compensation packages often include stock or stock-based awards like phantom stock units to align their interests with shareholders.
• Dividend reinvestment programs are common for accumulating additional shares or units over time.
• The specifics of these arrangements vary widely across companies and industries.

Stakeholder Impact

• The acquisition of phantom stock units aligns the director's interests with those of the shareholders.
• Dividend reinvestment contributes to the director's long-term investment in the company.

Key Dates