Intel (INTC) director Barbara Novick receives 4,284 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NOVICK BARBARA reported acquisition or exercise transactions in this Form 4 filing.
Intel director Barbara Novick received equity compensation in the form of restricted stock units. On May 13, 2026, she was granted 1,502 and 2,782 RSUs, each representing one share of Intel common stock after vesting. All RSUs vest 100% on the earlier of the first anniversary of the grant date or the 2027 Annual Stockholders' Meeting, and settlement has been deferred until her service on Intel’s Board ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
NOVICK BARBARA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,782 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,502 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,782 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel common stock. The reporting person elected to defer settlement of their grant of restricted stock units until the termination of their service to the Intel Corporation Board of Directors. 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 2027 Annual Stockholders' Meeting.
Key Figures
RSU grant 1: 1,502 RSUs
RSU grant 2: 2,782 RSUs
RSU-to-share ratio: 1 RSU : 1 share
3 metrics
RSU grant 1
1,502 RSUs
Grant of restricted stock units on May 13, 2026
RSU grant 2
2,782 RSUs
Grant of restricted stock units on May 13, 2026
RSU-to-share ratio
1 RSU : 1 share
Each RSU converts into one share of Intel common stock after vesting
Key Terms
Restricted Stock Units, RSU, deferr[ed] settlement, Annual Stockholders' Meeting
4 terms
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.
RSU financial
"Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel common stock."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
deferr[ed] settlement financial
"The reporting person elected to defer settlement of their grant of restricted stock units until the termination of their service to the Intel Corporation Board of Directors."
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 2027 Annual Stockholders' Meeting."
FAQ
What insider transactions did Intel (INTC) director Barbara Novick report?
Barbara Novick reported receiving grants of restricted stock units. She was awarded 1,502 and 2,782 RSUs, which are equity awards that convert into Intel common stock after vesting and deferred settlement conditions are met.
How many Intel (INTC) restricted stock units were granted to Barbara Novick?
Barbara Novick received 1,502 and 2,782 restricted stock units. Each RSU represents the right to receive one share of Intel common stock after vesting, providing stock-based compensation tied directly to the company’s share performance.
When do Barbara Novick’s Intel (INTC) RSU awards vest and convert to stock?
All of Barbara Novick’s Intel restricted stock units vest 100% on the earlier of the first anniversary of the grant date or the 2027 Annual Stockholders’ Meeting, after which they convert into shares of Intel common stock, subject to her deferral election.
How are Barbara Novick’s Intel (INTC) RSUs settled according to this filing?
The filing states she elected to defer settlement of her restricted stock units. This means the RSUs will be converted into Intel common stock and delivered only after her service on Intel’s Board of Directors has terminated, rather than immediately upon vesting.