Form 4: Intel Director Liu Tsu-Jae King Reports Acquisition of Restricted Stock Units

Director Liu Tsu-Jae King reports the acquisition of 7,403 restricted stock units (RSUs) convertible to Intel common stock, vesting on the earlier of the first anniversary of the grant date or the 2025 Annual Stockholders' Meeting.

Summary

• On May 8, 2024, Intel Director Liu Tsu-Jae King acquired 7,403 Restricted Stock Units (RSUs).
• Each RSU represents the right to receive one share of Intel common stock upon vesting.
• The RSUs vest 100% on the earlier of the first anniversary of the grant date or the date of the 2025 Annual Stockholders' Meeting.
• The transaction was reported on May 10, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, neither inherently positive nor negative.

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

Form 4 filings are standard disclosures required by the SEC when company insiders, like directors, make transactions in their company's stock. This filing indicates a grant of restricted stock units to a director, which is a common form of executive compensation.

Stakeholder Impact

• The acquisition of RSUs by a director could be perceived positively by shareholders as it aligns the director's interests with the company's long-term performance.

Key Dates