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

• Andrea Jo Goldsmith, a director of Intel Corp, reported a transaction on March 28, 2024.
• Goldsmith acquired 594.295 phantom stock units, each representing the right to receive the cash value of one share of Intel common stock.
• These phantom stock units are payable in cash following the termination of Goldsmith's service on the board of directors.
• The price of the phantom stock units was $44.17.
• Goldsmith also acquired 15.823 units via dividend reinvestment in March 2024.
• Following the reported transactions, Goldsmith beneficially owns 6,156.982 units of Intel common stock.

Sentiment

Score: 5

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

Positives

• The acquisition of phantom stock units and dividend reinvestment demonstrates the director's continued investment in Intel.

Future Outlook

The phantom stock units are payable in cash following termination of the reporting person's service on the board of directors.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the director's holdings in the company.

Key Dates