Form 4: Intel Director Lavizzo-Mourey Reports Acquisition of Restricted Stock Units

Director Risa J. Lavizzo-Mourey reports acquisition of 7,403 restricted stock units (RSUs) of Intel Corp.

Summary

• Risa J. Lavizzo-Mourey, a director of Intel Corp, filed a Form 4 on May 10, 2024, reporting a transaction that occurred on May 8, 2024.
• The transaction involved the acquisition of 7,403 Restricted Stock Units (RSUs).
• Each RSU represents the right to receive one share of Intel common stock upon vesting.
• The settlement of the RSUs is deferred until the termination of Lavizzo-Mourey's service on the Intel Corporation Board of Directors.
• The RSUs will vest and convert into common stock on the earlier of the first anniversary of the grant date or the date of the 2025 Annual Stockholders' Meeting.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing regarding stock options.

Future Outlook

The RSUs will vest and convert into common stock on the earlier of the first anniversary of the grant date or the date of the 2025 Annual Stockholders' Meeting.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.

Stakeholder Impact

• The acquisition of RSUs by a director signals confidence in the company's future performance to shareholders.

Key Dates