Form 4: Intel EVP Christoph Schell Reports Stock Transactions
SEC Form 4 Filing
Intel's EVP Christoph Schell reports the acquisition and disposal of Intel common stock and restricted stock units.
Summary
- Christoph Schell, an EVP at Intel, reported transactions involving Intel common stock and restricted stock units (RSUs) on October 30, 2024.
- Schell acquired 8,062 shares of common stock through the vesting of RSUs.
- He also disposed of 3,998 shares of common stock to cover tax obligations at a price of $22.6 per share.
- Following these transactions, Schell directly owns 69,288 shares of Intel common stock and 8,063 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors regarding insider activity.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| April 30, 2022 | Beginning date for RSU vesting, with 1/12th of the award vesting quarterly. |
| October 30, 2024 | Date of the reported stock transactions, including RSU vesting and stock disposal. |
| November 01, 2024 | Date of signature by attorney-in-fact. |
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