[Form 4] Intel Corp Insider Trading Activity

Rhea-AI Filing Summary

Intel Corp insider filing: This Form 4, reporting transactions dated 09/02/2025 and filed 09/04/2025, discloses activity by Scott Gawel, CVP and Chief Accounting Officer. The filing shows multiple restricted stock unit (RSU) vesting events (code M) that converted to common stock: 2,418, 7,860 and 2,025 RSUs, each representing the right to one share on vesting. The filing also shows open-market or plan-based disposals (code F) of 1,199, 3,897 and 1,004 shares at $23.96 per share. The report lists 29,138.36 shares beneficially owned directly following the last reported transaction and 45,806.022 shares indirectly held through a family trust.

Insights

Financial Analyst

TL;DR: Routine executive compensation vesting with offsetting disposals; not clearly material to company fundamentals.

The filing documents scheduled RSU vesting for a senior finance executive and contemporaneous disposals of portions of shares at $23.96. These transactions appear consistent with compensation realization and potential tax/liquidity management rather than a change in ownership control. The direct beneficial ownership figures shown (29,138.36 shares direct; 45,806.022 indirect) provide transparency on insider holdings but do not indicate a material shift in insider stake.

Corporate Governance Expert

TL;DR: Standard Form 4 disclosure of RSU vesting and sales by an officer; conforms to Section 16 reporting norms.

The report includes multiple RSU conversions (codes labeled M) and reported disposals (code F) at a specified price, and identifies indirect ownership via a family trust. The detailed vesting schedules cited in the explanations clarify timing of conversion to common stock. From a governance perspective, the filing fulfills transparency obligations and signals no apparent insider trading red flags based on the disclosed information alone.

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)
09/02/2025

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	09/02/2025		M		2,418	A	(1)	25,353.36	D
Common Stock	09/02/2025		F		1,199	D	$23.96	24,154.36	D
Common Stock	09/02/2025		M		7,860	A	(1)	32,014.36	D
Common Stock	09/02/2025		F		3,897	D	$23.96	28,117.36	D
Common Stock	09/02/2025		M		2,025	A	(1)	30,142.36	D
Common Stock	09/02/2025		F		1,004	D	$23.96	29,138.36	D
Common Stock								45,806.022	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
Restricted Stock Units	(1)	09/02/2025		M			2,418	(2)	(2)	Common Stock	2,418	(1)	7,254	D
Restricted Stock Units	(1)	09/02/2025		M			7,860	(3)	(3)	Common Stock	7,860	(1)	78,598	D
Restricted Stock Units	(1)	09/02/2025		M			2,025	(4)	(4)	Common Stock	2,025	(1)	12,147	D

Explanation of Responses:

1. Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel common stock.

2. Unless earlier forfeited under the terms of the RSUs, 1/12th of the award vests and converts into common stock in twelve substantially equal quarterly tranches, beginning on August 30, 2023. If the quarterly vesting date falls on a non-business date, the next business date shall apply.

3. Unless earlier forfeited under the terms of the RSU, 1/12th of the award vests and converts into common stock in twelve substantially equal quarterly tranches, beginning on May 28, 2025. If the quarterly vesting date falls on a non-business date, the next business date shall apply.

4. Unless earlier forfeited under the terms of the RSUs, 1/12th of the award vests and converts into common stock in twelve substantially equal quarterly tranches, beginning on May 31, 2024. If the quarterly vesting date falls on a non-business date, the next business date shall apply.

	/s/ Julie Kwok, attorney-in-fact	09/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transactions did Scott Gawel (INTC) report on Form 4?

The Form 4 reports RSU vesting converting to common stock of 2,418, 7,860 and 2,025 shares, and disposals of 1,199, 3,897 and 1,004 shares at $23.96 each.

How many Intel shares does the reporting person own after these transactions?

The filing shows 29,138.36 shares beneficially owned directly following the last reported transaction and 45,806.022 shares held indirectly by a family trust.

What do the transaction codes M and F mean on this Form 4?

In this filing, code M denotes conversion of restricted stock units (RSUs) into common stock upon vesting; code F denotes a sale or disposition of shares, here reported at $23.96 per share.

Are the RSUs described subject to a vesting schedule?

Yes. The explanations state each RSU award vests in 12 substantially equal quarterly tranches (1/12th each), with specific commencement dates listed for each award series.

Who signed the Form 4 on behalf of the reporting person?

The Form 4 is signed by /s/ Julie Kwok, attorney-in-fact on 09/04/2025.