Form 4: Intel Director Liu Tsu-Jae King Reports Stock Transactions
SEC Form 4
Director Liu Tsu-Jae King reported the vesting and conversion of restricted stock units into Intel common stock on May 7, 2024.
Summary
- On May 7, 2024, Intel Director Liu Tsu-Jae King reported transactions involving Intel common stock.
- The transactions involved the vesting of 7,152 restricted stock units (RSUs) and their conversion into 7,152 shares of Intel common stock.
- Following the reported transactions, the director directly owns 34,624 shares of Intel common stock.
- The RSUs vested and converted into common stock on the earlier of the first anniversary of the grant date (or next business date, if applicable) and the date of the 2024 Annual Stockholders' Meeting.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions, and it doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of transaction: vesting of restricted stock units and conversion to common stock |
| 05/09/2024 | Date of signature by attorney-in-fact |
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