Form 4: Intel EVP Boise April Miller Reports Stock Transactions

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 October 30, 2024, Boise April Miller, EVP and Chief Legal Officer of Intel, reported transactions involving Intel common stock.
• 2,723 restricted stock units (RSUs) vested and were converted into common stock.
• Miller disposed of 1,351 shares of common stock at a price of $22.6 to satisfy tax obligations.
• Following these transactions, Miller directly owns 43,564 shares of Intel common stock and 8,169 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard compensation practices. It doesn't inherently indicate positive or negative sentiment regarding the company's performance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It is a standard practice for executives to receive and vest stock options and RSUs as part of their compensation packages.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent a small fraction of the total outstanding shares.
• The disclosure provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates