Form 4: Intel Director Frank Yeary Reports Stock Transactions
SEC Form 4 Filing
Director Frank Yeary reports the acquisition and disposal of Intel common stock and restricted stock units.
Summary
- Frank Yeary, a director of Intel Corp, filed a Form 4 detailing changes in beneficial ownership.
- The transactions involved common stock and restricted stock units (RSUs).
- On May 7, 2025, Yeary acquired 35,146 shares of common stock and disposed of 35,146 shares.
- Yeary also acquired 12,552, 14,059 and 35,146 restricted stock units on May 7, 2025.
- Following the reported transactions, Yeary directly owns 35,956 shares of common stock.
- Yeary indirectly owns 47,998 shares through the Sea Turtle Revocable Trust and 10,000 shares through the Orsus Trust.
- The RSUs represent the right to receive one share of Intel common stock upon vesting.
- 100% of the RSUs vest and convert into common stock on the earlier of the first anniversary of the grant date or the date of the 2026 Annual Stockholders' Meeting.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This is a routine disclosure of stock transactions by a company insider, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly altering the ownership structure of the company.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Date of the stock and RSU transactions. |
| 05/08/2025 | Date of signature by attorney-in-fact. |
| 2026 Annual Stockholders' Meeting | Date on which some RSUs will vest and convert into common stock. |
Keywords
Form 4, beneficial ownership, restricted stock units, common stock, Intel, Yeary, director, transactions
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