Form 4: Intel Executive Michelle Holthaus Reports Stock Transactions

Intel's Interim Co-CEO, Michelle Holthaus, reported the acquisition and disposal of Intel common stock and restricted stock units.

Summary

• Michelle Holthaus, Interim Co-CEO of Intel, reported transactions involving Intel common stock and restricted stock units on December 2, 2024.
• She acquired 77,179 shares of common stock through the vesting of restricted stock units.
• She disposed of 30,370 shares of common stock to cover tax obligations at a price of $24.46 per share.
• Following these transactions, Ms. Holthaus directly owns 320,067 shares of common stock and indirectly owns 1,438.108 shares through a 401(k) savings plan.
• The restricted stock units vest in three equal annual installments from the grant date.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions, which is neither positive nor negative for the company's outlook. It is a neutral event.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• The reporting of stock transactions by executives is a standard practice across all publicly listed companies, including Intel's competitors such as AMD, Nvidia, and Qualcomm.
• These filings are required by the SEC to ensure transparency and prevent insider trading, and the format and content of this filing are consistent with those of other companies.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are routine and do not indicate a change in the company's fundamentals.

Key Dates

Keywords

Intel, stock transactions, insider trading, restricted stock units, executive compensation, common stock, SEC Form 4