Form 4: Intel Executive Michelle Holthaus Reports Stock Transactions
SEC Form 4 Filing
Michelle Holthaus, Interim Co-CEO of Intel, reports the vesting and disposal of restricted stock units and common stock transactions.
Summary
- On January 31, 2025, Michelle Holthaus, Interim Co-CEO of Intel, reported transactions involving Intel common stock.
- Holthaus vested 8,118 restricted stock units (RSUs) which converted into common stock.
- She also disposed of 2,003 shares of common stock at a price of $19.86.
- Following these transactions, Holthaus directly owns 329,386 shares of Intel common stock and indirectly owns 1,438.108 shares through a 401(k) savings plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It is a standard practice for executives to receive and manage stock-based compensation.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| April 30, 2022 | Beginning date for RSU vesting in twelve substantially equal quarterly tranches. |
| January 31, 2025 | Date of reported transactions: RSU vesting and stock disposal. |
| February 03, 2025 | Date of signature for the Form 4 filing. |
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