STOCK TITAN

Intel (NASDAQ: INTC) director receives 12,552 shares through RSU conversion

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Intel director Steve Sanghi exercised restricted stock units into common shares, increasing his direct holdings without any open-market sale. On the transaction date, 12,552 RSUs converted into 12,552 shares of Intel common stock, bringing his direct ownership to 17,684 shares after the transaction.

Each RSU represents the right to receive one share of common stock after vesting, with this award vesting in full on the earlier of the first anniversary of the grant date or the date of the 2026 Annual Stockholders' Meeting.

Positive

  • None.

Negative

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Insider Sanghi Steve
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 12,552 $0.00 --
Exercise Common Stock 12,552 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 17,684 shares (Direct, null)
Footnotes (1)
  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 award, 100% of the RSUs vest and convert into common stock on the earlier of of the first anniversary of the grant date (or next business date, if applicable), or the date of the 2026 Annual Stockholders' Meeting.
RSUs exercised 12,552 units Restricted Stock Units converted into common stock
Shares acquired from RSUs 12,552 shares Common stock received upon RSU conversion
Post-transaction holdings 17,684 shares Intel common stock directly held after the transaction
Exercise price $0.00 per share Stated conversion price for RSUs into common stock
Transaction date May 7, 2026 Date of RSU exercise and share issuance
Restricted Stock Units financial
"Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"Transaction code M is described as an exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Annual Stockholders' Meeting financial
"100% of the RSUs vest and convert into common stock on the earlier of the first anniversary of the grant date ... or the date of the 2026 Annual Stockholders' Meeting."
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Sanghi Steve

(Last)(First)(Middle)
C/O INTEL CORPORATION
2200 MISSION COLLEGE BLVD.

(Street)
SANTA CLARA CALIFORNIA 95054

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
INTEL CORP [ INTC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/07/2026M12,552A(1)17,684D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/07/2026M12,552 (2) (2)Common Stock12,552(1)0D
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 award, 100% of the RSUs vest and convert into common stock on the earlier of of the first anniversary of the grant date (or next business date, if applicable), or the date of the 2026 Annual Stockholders' Meeting.
/s/ Harry Demas, attorney-in-fact05/08/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Intel (INTC) director Steve Sanghi report?

Steve Sanghi reported exercising 12,552 restricted stock units into 12,552 shares of Intel common stock. This was a derivative exercise, not an open-market trade, and increased his direct ownership stake in Intel without any reported share sale.

How many Intel (INTC) shares does Steve Sanghi hold after this Form 4?

After the transaction, Steve Sanghi directly holds 17,684 shares of Intel common stock. His holdings rose when 12,552 restricted stock units converted into common shares, reflecting the vesting of an equity award rather than market purchases.

Were any Intel (INTC) shares sold in Steve Sanghi’s latest Form 4 filing?

No shares were reported sold in this Form 4. The filing shows an exercise of 12,552 restricted stock units into an equal number of common shares, increasing Sanghi’s direct holdings to 17,684 shares without any open-market disposition.

What are the terms of the restricted stock units in Intel (INTC) director Steve Sanghi’s award?

Each restricted stock unit represents the right to receive one Intel common share after vesting. The award vests 100% on the earlier of the first anniversary of the grant date or the date of the 2026 Annual Stockholders' Meeting, unless forfeited earlier.

How many restricted stock units did Intel (INTC) director Steve Sanghi exercise?

Steve Sanghi exercised 12,552 restricted stock units. Those RSUs converted into 12,552 shares of Intel common stock at a stated exercise or conversion price of $0.00 per share, consistent with typical restricted stock unit structures.