Form 4: Intel EVP Michelle Holthaus Reports Stock Transactions
SEC Filing
Intel's EVP & GM, CCG, Michelle Holthaus, reports the vesting and subsequent sale of restricted stock units.
Summary
- Michelle Holthaus, an EVP & GM at Intel, filed a Form 4 detailing changes in her beneficial ownership of Intel stock.
- On May 30, 2024, 46,198 restricted stock units (RSUs) vested and were converted into common stock.
- Also on May 30, 2024, 18,179 shares were disposed of at a price of $30.28 per share.
- Following these transactions, Holthaus directly owns 288,411 shares of Intel common stock and indirectly owns 1,423.734 shares through a 401(k) savings plan, as well as 92,410 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures for corporate insiders and provide transparency into their trading activities. This filing indicates transactions by a key executive at Intel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 05/30/2024 | Vesting of restricted stock units and sale of shares. |
| 06/03/2024 | Date of Form 4 filing. |
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