Intel (NASDAQ: INTC) EVP Aparna Bawa granted new PSU and RSU awards
Rhea-AI Filing Summary
Intel Corporation executive vice president and chief legal and policy officer Aparna Bawa received new equity awards in the form of performance stock units and restricted stock units. On May 30, 2026, she was granted 27,274 performance stock units and 27,274 restricted stock units at no cash cost.
Each restricted stock unit represents one share of Intel common stock after it vests, in three equal annual installments beginning on the first anniversary of the grant date, subject to forfeiture conditions. Each performance stock unit can convert into up to 200% of one share of Intel common stock, depending on pre-established performance metrics over a three-year period, and is scheduled to vest and convert on January 31, 2029, unless forfeited earlier.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 27,274 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 27,274 | $0.00 | -- |
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, the RSUs will vest in three equal annual installments of Intel common stock beginning on the first anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply. Each performance stock unit (PSU) represents the right to receive, following vesting, up to 200% of one share of Intel common stock. The number of shares of Intel common stock acquired upon vesting of the PSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Talent and Compensation Committee, over a three-year performance period beginning with the first day of the fiscal year of the grant date and ending on the last day of the fiscal year of the second anniversary of the grant date. Unless earlier forfeited under the terms of the PSU, each PSU vests and converts into no more than 200% of one share of Intel common stock on January 31, 2029, unless that date falls on a non-business date, in which case the next business date shall apply.