Form 4: Intel Director Stacy J. Smith Reports Stock Transactions
SEC Form 4
Director Stacy J. Smith reports transactions involving Intel Corp stock, including the vesting and conversion of restricted stock units.
Summary
- On May 6, 2025, Stacy J. Smith, a director of Intel Corp, reported transactions involving Intel common stock.
- These transactions included the vesting and conversion of 7,403 and 2,665 restricted stock units (RSUs) into common stock.
- Smith also reported acquiring 12,552 restricted stock units on May 7, 2025, which will vest on the earlier of the first anniversary of the grant date or the date of the 2026 Annual Stockholders' Meeting.
- Following these transactions, Smith directly owns 11,069 shares of Intel common stock and indirectly owns 42,495 shares through a family trust.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Future Outlook
The acquired restricted stock units will vest on the earlier of the first anniversary of the grant date or the date of the 2026 Annual Stockholders' Meeting.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies like Intel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 05/06/2025 | Vesting and conversion of 7,403 restricted stock units into common stock. |
| 05/06/2025 | Vesting and conversion of 2,665 restricted stock units into common stock. |
| 05/07/2025 | Acquisition of 12,552 restricted stock units. |
| 05/08/2025 | Date of signature by attorney-in-fact. |
Keywords
Intel, Director, Stacy J. Smith, Stock Transactions, Restricted Stock Units, RSU, Form 4, Beneficial Ownership
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