Intel (NASDAQ: INTC) accounting chief nets shares after PSU vesting
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,052 shares exercised/converted
Mixed
4 txns
Insider
GAWEL SCOTT
Role
CVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 11,060 | $47.67 | $527K |
| Exercise | Performance Stock Units | 22,052 | $0.00 | -- |
| Exercise | Common Stock | 22,052 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,194 shares (Direct);
Performance Stock Units — 0 shares (Direct);
Common Stock — 74,944.382 shares (Indirect, by Family Trust)
Footnotes (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. 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. 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.
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.
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.
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.