Form 4: Intel EVP Boise April Miller Reports Stock Transactions
SEC Form 4 Filing
EVP and Chief Legal Officer of Intel, Boise April Miller, reports the vesting and conversion of restricted stock units into common stock, along with a disposition of shares to cover tax obligations.
Summary
- On January 30, 2025, Boise April Miller, EVP and Chief Legal Officer of Intel, reported transactions involving Intel common stock.
- Miller exercised restricted stock units (RSUs), converting 2,723 RSUs into 2,723 shares of common stock.
- Simultaneously, Miller disposed of 903 shares of common stock at a price of $19.77 to satisfy tax withholding obligations related to the RSU vesting.
- Following these transactions, Miller directly owns 47,756 shares of Intel common stock and 5,446 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company executive, which is common practice among publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are part of standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| October 30, 2022 | Beginning date for RSU vesting, with 1/12th of the award vesting quarterly. |
| January 30, 2025 | Date of RSU exercise and stock disposition. |
| February 03, 2025 | Date of Form 4 signature. |
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