Intel (NASDAQ: INTC) director converts 12,552 RSUs to common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intel director Eric Meurice exercised restricted stock units into common shares. On May 7, 2026, he converted 12,552 RSUs into the same number of Intel common shares as part of his equity compensation, with no open‑market purchase or sale involved.
After this conversion, Meurice directly holds 17,684 shares of Intel common stock. The RSUs represented the right to receive one share per unit following vesting, with 100% of the units set to vest and convert on the earlier of the first anniversary of grant or the date of the 2026 Annual Stockholders' Meeting, unless forfeited.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,552 shares exercised/converted
Mixed
2 txns
Insider
Meurice Eric
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)
- 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.
Key Figures
RSUs exercised: 12,552 units
Common shares acquired: 12,552 shares
Shares held after transaction: 17,684 shares
+2 more
5 metrics
RSUs exercised
12,552 units
Restricted Stock Units converted to common stock on May 7, 2026
Common shares acquired
12,552 shares
Intel common stock received from RSU conversion
Shares held after transaction
17,684 shares
Eric Meurice’s direct Intel common stock holdings post-transaction
Exercise price per RSU
$0.00 per unit
Stated conversion price for the restricted stock units
Exercise transactions
1 transaction
Exercise or conversion of derivative security counted in summary
Key Terms
Restricted Stock Units, derivative security, Annual Stockholders' Meeting
3 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.
derivative security financial
"transaction_code_description: 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
"or the date of the 2026 Annual Stockholders' Meeting."
FAQ
What did Intel (INTC) director Eric Meurice report in this Form 4?
Eric Meurice reported exercising restricted stock units into Intel common stock. He converted 12,552 RSUs into 12,552 shares as equity compensation, with no open‑market buying or selling. Following the transaction, he directly holds 17,684 Intel common shares.
What are the vesting terms of Eric Meurice’s Intel (INTC) RSUs?
The restricted stock units vest 100% and convert into common stock on the earlier of the first anniversary of the grant date or the date of Intel’s 2026 Annual Stockholders' Meeting, unless forfeited under the award’s terms, providing a clear time-based vesting schedule.