Intel (NASDAQ: INTC) accounting chief nets shares after PSU vesting

Rhea-AI Filing Summary

Intel Corporation’s CVP and Chief Accounting Officer, Scott Gawel, reported equity award activity and related share disposition. On January 31, 2026, performance-based stock units for 22,052 shares of Intel common stock were earned and converted into common stock based on pre-established three-year performance metrics.

On February 2, 2026, 11,060 shares of common stock were disposed of at $47.67 per share under transaction code F, typically used for tax withholding, leaving 17,194 shares held directly. Gawel is also shown with 74,944.382 Intel shares held indirectly through a Family Trust.

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)
01/31/2026

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	01/31/2026		M		22,052	A	(1)	28,254	D
Common Stock	02/02/2026		F		11,060	D	$47.67	17,194	D
Common Stock								74,944.382	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
Performance Stock Units	(2)	01/31/2026		M			22,052	(3)	(3)	Common Stock	22,052	(1)	0	D

Explanation of Responses:

1. Performance-based stock units ("PSUs") for 22,052 shares of Intel common stock were earned on January 31, 2026, based on the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, for the three-year performance period beginning fiscal year 2023 and ending on the last day of fiscal year 2025.

2. Each performance-based 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 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.

3. 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, 2026, unless that date falls on a non-business date, in which case the next business date shall apply.

	/s/ Julie Kwok, attorney-in-fact	02/03/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did Intel (INTC) report for Scott Gawel?

Intel’s CVP and Chief Accounting Officer, Scott Gawel, reported vesting of performance-based stock units for 22,052 shares of common stock on January 31, 2026. These PSUs were earned based on pre-established three-year performance metrics approved by the Compensation Committee.

How many Intel (INTC) shares did Scott Gawel dispose of and at what price?

Scott Gawel disposed of 11,060 shares of Intel common stock on February 2, 2026 at $47.67 per share under transaction code F. Code F typically indicates shares withheld or sold to cover tax obligations associated with equity awards.

How many Intel (INTC) shares does Scott Gawel hold after these transactions?

Following the reported transactions, Scott Gawel beneficially owns 17,194 Intel common shares directly. In addition, the filing lists 74,944.382 Intel shares held indirectly through a Family Trust, reflecting indirect beneficial ownership associated with that trust.

What are the terms of Scott Gawel’s Intel (INTC) performance stock units (PSUs)?

Each PSU represents the right to receive up to 200% of one Intel share following vesting. The actual number delivered depends on achieving pre-established performance metrics over a three-year period defined from the fiscal year of grant through the second anniversary fiscal year.

When did Scott Gawel’s Intel (INTC) PSUs vest and convert into shares?

The PSUs for 22,052 Intel shares vested and converted on January 31, 2026, unless that date was a non-business day, in which case the next business date applied. Vesting was contingent on meeting Compensation Committee–approved performance goals.

What role does Scott Gawel hold at Intel (INTC) in this Form 4 filing?

Scott Gawel is identified as an officer of Intel, serving as CVP, Chief Accounting Officer. The Form 4 reflects his beneficial ownership changes in Intel common stock and related derivative securities, including performance-based stock units that vested in early 2026.