Intel (INTC) accounting chief granted 31,948 RSUs and shares used for taxes

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GAWEL SCOTT

(Last) (First) (Middle)

C/O INTEL CORPORATION

2200 MISSION COLLEGE BLVD

(Street)

SANTA CLARA CA 95054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
INTEL CORP [ INTC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CVP, Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/02/2026		M		7,859	A	(1)	25,053	D
Common Stock	03/02/2026		F		3,897	D	$44.88	21,156	D
Common Stock	03/02/2026		M		2,025	A	(1)	23,181	D
Common Stock	03/02/2026		F		1,004	D	$44.88	22,177	D
Common Stock	03/02/2026		M		2,418	A	(1)	24,595	D
Common Stock	03/02/2026		F		1,199	D	$44.88	23,396	D
Common Stock								74,944	I	by Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/28/2026		A		31,948		(2)	(2)	Common Stock	31,948	(1)	31,948	D
Restricted Stock Units	(1)	03/02/2026		M			7,859	(3)	(3)	Common Stock	7,859	(1)	62,879	D
Restricted Stock Units	(1)	03/02/2026		M			2,025	(4)	(4)	Common Stock	2,025	(1)	8,098	D
Restricted Stock Units	(1)	03/02/2026		M			2,418	(5)	(5)	Common Stock	2,418	(1)	2,418	D

Explanation of Responses:

1. Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel common stock.

2. 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.

3. 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.

4. 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.

5. 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.

	/s/ Julie Kwok, attorney-in-fact	03/03/2026
	** Signature of Reporting Person	Date
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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.

Did Scott Gawel sell Intel (INTC) shares in the open market?

Reported dispositions used Intel shares to cover tax withholding obligations at $44.88 per share. These are coded as tax-withholding transactions, meaning shares were withheld or delivered for taxes rather than sold through discretionary open-market trading for investment purposes.

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.