INTC.NASDAQIntel CORP

Form 4: Intel EVP Boise April Miller Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Boise April Miller, EVP and Chief Legal Officer at Intel, reports the acquisition and disposal of Intel common stock and restricted stock units on May 30, 2024.

Summary

  • On May 30, 2024, Boise April Miller, EVP and Chief Legal Officer of Intel, reported transactions involving Intel common stock and restricted stock units (RSUs).
  • Miller acquired 22,426 shares of common stock through the vesting of RSUs.
  • She also disposed of 11,119 shares of common stock to cover tax obligations at a price of $30.28 per share.
  • Following these transactions, Miller directly owns 32,034 shares of Intel common stock and 44,860 restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by an executive, with no inherent positive or negative implications for the company's performance.

Future Outlook

The RSUs will vest in three equal annual installments beginning on the first anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.

Industry Context

This is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies. It provides transparency to investors regarding insider activity.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding insider activity.

Key Dates

DateDescription
05/30/2024Date of stock transactions (acquisition and disposal) and RSU vesting.
06/03/2024Date of signature by attorney-in-fact.

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