Form 4: Intel Director James J. Goetz Reports Stock Transactions

Director James J. Goetz reported the vesting and conversion of restricted stock units into Intel common stock on May 7, 2024.

Summary

• On May 7, 2024, James J. Goetz, a director of Intel Corp, reported transactions involving restricted stock units (RSUs).
• These RSUs vested and converted into Intel common stock.
• Specifically, 138 RSUs, 2,642 RSUs, and 7,152 RSUs vested and converted into common stock.
• Following these transactions, Goetz's direct ownership of Intel common stock increased to 223,538 shares.
• The vesting of the RSUs was tied to the earlier of specific dates or the date of the 2024 Annual Stockholders' Meeting.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company director, and has a neutral 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 seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.

Key Dates