Form 4: Intel Executive David Zinsner Reports Stock Transactions

Intel's Interim Co-CEO and CFO, David Zinsner, reported the acquisition of 5,283 shares of common stock through the vesting of restricted stock units and the disposition of 2,620 shares to cover tax obligations.

Summary

• David Zinsner, Intel's Interim Co-CEO and CFO, reported a transaction involving Intel common stock on December 3, 2024.
• He acquired 5,283 shares of common stock through the vesting of restricted stock units (RSUs).
• Concurrently, he disposed of 2,620 shares of common stock at a price of $23.1 per share to cover tax obligations related to the vesting of the RSUs.
• Following these transactions, Mr. Zinsner directly owns 158,500 shares of Intel common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to stock transactions by an executive, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and stock ownership, which is common in publicly traded companies like Intel. It does not indicate any specific trend or event in the semiconductor industry.

Comparison to Industry Standards

• Stock transactions by executives are a common practice in publicly traded companies, including Intel's competitors such as AMD, NVIDIA, and Qualcomm.
• The vesting of restricted stock units and subsequent sale of shares to cover taxes is a standard form of executive compensation.
• The reported transactions are consistent with typical insider trading practices and reporting requirements.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are part of routine executive compensation.

Key Dates

Keywords

Intel, stock transaction, David Zinsner, restricted stock units, insider trading, executive compensation