Form 4: Intel Director Dion J. Weisler Reports Stock Transactions

Director Dion J. Weisler reported transactions involving Intel Corp. common stock and restricted stock units on May 7, 2024.

Summary

• On May 7, 2024, Dion J. Weisler, a director of Intel Corp., reported transactions involving common stock and restricted stock units (RSUs).
• Weisler acquired shares through the vesting of RSUs and disposed of shares to cover tax obligations.
• Specifically, 138, 7,152 and 3,129 RSUs vested and converted into common stock.
• Simultaneously, 42, 2,146 and 939 shares were disposed of at a price of $31.03 to satisfy tax withholding requirements.
• Following these transactions, Weisler directly owns 45,335 shares of Intel common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company director. 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. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are part of standard executive compensation practices.
• The filing provides transparency to shareholders regarding insider transactions.

Key Dates