Intel (INTC) accounting chief granted 31,948 RSUs and shares used for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intel Corporation’s Chief Accounting Officer Scott Gawel reported multiple equity transactions. On February 28, 2026, he received a grant of 31,948 restricted stock units (RSUs), each convertible into one share of common stock. Existing RSU awards vest in twelve roughly equal quarterly tranches beginning on dates between August 30, 2023 and May 31, 2026.
On March 2, 2026, several RSU tranches converted into common stock, increasing his directly held shares. On the same date, a portion of these newly delivered shares was disposed of at $44.88 per share solely to satisfy tax withholding obligations, rather than through open-market selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,302 shares exercised/converted
Mixed
11 txns
Insider
GAWEL SCOTT
Role
CVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,859 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,025 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,418 | $0.00 | -- |
| Exercise | Common Stock | 7,859 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,897 | $44.88 | $175K |
| Exercise | Common Stock | 2,025 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,004 | $44.88 | $45K |
| Exercise | Common Stock | 2,418 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,199 | $44.88 | $54K |
| Grant/Award | Restricted Stock Units | 31,948 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 62,879 shares (Direct);
Common Stock — 25,053 shares (Direct);
Common Stock — 74,944 shares (Indirect, by Family Trust)
Footnotes (1)
- Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel common stock. Unless earlier forfeited under the terms of the RSUs, 1/12th of the award vests and converts into common stock in twelve substantially equal quarterly tranches, beginning on May 31, 2026. If the quarterly vesting date falls on a non-business date, the next business date shall apply. Unless earlier forfeited under the terms of the RSUs, 1/12th of the award vests and converts into common stock in twelve substantially equal quarterly tranches, beginning on May 31, 2025. If the quarterly vesting date falls on a non-business date, the next business date shall apply. Unless earlier forfeited under the terms of the RSUs, 1/12th of the award vests and converts into common stock in twelve substantially equal quarterly tranches, beginning on May 31, 2024. If the quarterly vesting date falls on a non-business date, the next business date shall apply. Unless earlier forfeited under the terms of the RSUs, 1/12th of the award vests and converts into common stock in twelve substantially equal quarterly tranches, beginning on August 30, 2023. If the quarterly vesting date falls on a non-business date, the next business date shall apply.
FAQ
What equity award did Intel (INTC) executive Scott Gawel receive?
Scott Gawel received a grant of 31,948 restricted stock units (RSUs). Each RSU represents the right to receive one share of Intel common stock after vesting, providing long-term, stock-based compensation tied directly to Intel’s share performance and his continued service with the company.
How do Scott Gawel’s Intel (INTC) RSU awards vest over time?
Gawel’s RSU awards vest in twelve substantially equal quarterly tranches. Different grants begin vesting on August 30, 2023, May 31, 2024, May 31, 2025, and May 31, 2026, with each vesting date moving to the next business day if it falls on a non-business day.
What happened when Scott Gawel’s Intel (INTC) RSUs vested on March 2, 2026?
On March 2, 2026, several tranches of Gawel’s RSUs converted into Intel common stock at no exercise price. These derivative exercises increased his directly held common shares as previously granted RSUs settled into actual shares according to their defined vesting schedules.
What does the Intel (INTC) family trust holding indicate for Scott Gawel?
The filing notes an indirect holding of Intel common stock “by Family Trust.” This indicates some shares are owned through a trust structure rather than directly, reflecting estate or family planning but still associated with Gawel’s overall economic interest in Intel.
How many types of insider transactions did Intel (INTC) report for Scott Gawel?
The report shows RSU grants, RSU conversions into common stock, and tax-withholding share dispositions. Together, these transactions describe routine equity compensation activity, where awards are granted, vest into shares, and part of those shares satisfy income-tax obligations.