Form 4: Intel Executive Christoph Schell Reports Stock Transactions

EVP Christoph Schell reports the acquisition and disposal of Intel common stock and restricted stock units on May 30, 2024.

Summary

• On May 30, 2024, Christoph Schell, an Executive Vice President at Intel, reported transactions involving Intel common stock and restricted stock units (RSUs).
• Schell exercised 41,712 restricted stock units, which converted into common stock.
• Following the exercise, Schell disposed of 20,681 shares of common stock at a price of $30.28 per share, resulting in 61,159 shares of common stock beneficially owned directly.
• After the reported transactions, Schell directly owns 61,159 shares of Intel common stock and 83,439 restricted stock units.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by an executive, neither particularly positive nor negative.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.

Key Dates