Intel (NASDAQ: INTC) director receives 2,782 RSUs vesting by 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intel Corporation director Steve Sanghi reported a new equity award. He received 2,782 restricted stock units, each representing the right to receive one share of Intel common stock after vesting. The RSUs vest and convert into common stock on the earlier of the first anniversary of the grant date or the 2027 Annual Stockholders' Meeting, assuming they are not forfeited under the award terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sanghi Steve
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,782 | $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. 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 size: 2,782 RSUs
RSU grant price: $0.0000 per unit
Shares after transaction: 2,782 units
+1 more
4 metrics
RSU grant size
2,782 RSUs
Restricted stock units granted to director Steve Sanghi
RSU grant price
$0.0000 per unit
Compensation-related equity award, not a market purchase
Shares after transaction
2,782 units
Total restricted stock units held after this award
Vesting trigger
Earlier of first anniversary or 2027 meeting
100% of RSUs vest by that earlier date unless forfeited
Key Terms
Restricted Stock Units, RSU, vesting, 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.
vesting financial
"Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel common stock."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Annual Stockholders' Meeting financial
"…or the date of the 2027 Annual Stockholders' Meeting."
FAQ
What insider transaction did Intel (INTC) director Steve Sanghi report?
Steve Sanghi reported receiving 2,782 restricted stock units from Intel as an equity award. Each RSU represents the right to receive one share of Intel common stock once vesting conditions are met, reflecting compensation tied to his continued board service and company performance.
How many Intel (INTC) restricted stock units did Steve Sanghi receive?
Steve Sanghi received 2,782 restricted stock units from Intel in this Form 4 filing. These RSUs give him the right to receive the same number of Intel common shares after they vest, increasing his potential equity stake in the company over time once converted.
When do Steve Sanghi’s Intel (INTC) RSUs vest and convert to common stock?
All 2,782 RSUs vest and convert into Intel common stock on the earlier of the first anniversary of the grant date or the date of the 2027 Annual Stockholders' Meeting. Vesting remains subject to the award’s terms, including potential forfeiture conditions if those terms are not satisfied.
What does each restricted stock unit granted to Intel (INTC) director Steve Sanghi represent?
Each restricted stock unit represents the right to receive one share of Intel common stock after vesting. This means that once vesting conditions are met, each of the 2,782 RSUs will convert into one Intel share, directly linking Sanghi’s compensation to Intel’s future share performance.
Is Steve Sanghi’s Intel (INTC) RSU award a purchase or a grant?
The RSU award is a grant, not a market purchase. The Form 4 uses transaction code “A,” indicating a grant or award acquisition, and the price per unit is listed as $0.0000, consistent with compensation-based equity awards provided by the company rather than open-market buying.