Intel (INTC) director receives 2,782 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intel Corp director Gregory D. Smith received a grant of 2,782 restricted stock units (RSUs). Each RSU represents one share of Intel common stock upon vesting. All 2,782 RSUs vest and convert into common stock on the earlier of the first anniversary of the grant date or the date of the 2027 Annual Stockholders' Meeting, unless forfeited.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Smith Gregory D
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
RSUs granted: 2,782 units
Price per RSU: $0.00 per unit
RSUs after transaction: 2,782 units
3 metrics
RSUs granted
2,782 units
Restricted Stock Units awarded to director Gregory D. Smith
Price per RSU
$0.00 per unit
Equity compensation grant, not open-market purchase
RSUs after transaction
2,782 units
Total restricted stock units held directly following the award
Key Terms
Restricted Stock Units, RSU, Annual Stockholders' Meeting
3 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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"
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.
Annual Stockholders' Meeting financial
"the date of the 2027 Annual Stockholders' Meeting"
FAQ
What insider transaction did Intel (INTC) report for Gregory D. Smith?
Intel reported that director Gregory D. Smith received a grant of 2,782 restricted stock units (RSUs). These units are a form of equity compensation that convert into Intel common stock once specific vesting conditions are satisfied, rather than an open-market stock purchase.
When do Gregory D. Smith’s Intel (INTC) RSUs vest and convert to 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, provided they are not forfeited under the terms governing the award.
Is Gregory D. Smith’s Intel (INTC) RSU grant an open-market stock purchase?
No, the filing shows a grant of restricted stock units, not an open-market purchase. The RSUs were awarded at a price of $0.00 per unit as equity compensation and will convert into Intel common shares only if and when the vesting conditions are met.
How many Intel (INTC) RSUs does Gregory D. Smith hold after this transaction?
After this award, Gregory D. Smith holds 2,782 restricted stock units directly. These RSUs are linked to Intel common stock and will convert on vesting, giving him equity exposure aligned with shareholders once the vesting or 2027 Annual Stockholders' Meeting condition is satisfied.