Intel (INTC) director converts 26,611 RSUs into common stock, reports trust holdings

Rhea-AI Filing Summary

INTEL CORP director Frank D. Yeary reported equity compensation activity involving Intel common stock. On May 7, 2026, he exercised restricted stock unit awards classified as derivative securities, converting a total of 26,611 RSUs into common shares at a stated price of $0.00 per unit. These are compensation-related derivative exercises, not open-market purchases or sales. After these transactions, indirect holdings are reported as 10,000 common shares held by the Orsus Trust and 47,998 common shares held by the Sea Turtle Revocable Trust.

Insider Trade Summary

26,611 shares exercised/converted

Mixed 6 txns

Insider Yeary Frank D

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	12,552	$0.00	--
Exercise	Restricted Stock Units	14,059	$0.00	--
Exercise	Common Stock	12,552	$0.00	--
Exercise	Common Stock	14,059	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 48,508 shares (Direct, null); Common Stock — 47,998 shares (Indirect, By Sea Turtle Revocable Trust)

Footnotes (1)

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 (total): 26,611 shares First RSU conversion: 14,059 shares Second RSU conversion: 12,552 shares +2 more

5 metrics

RSUs exercised (total) 26,611 shares Restricted Stock Units converted into Intel common stock on May 7, 2026

First RSU conversion 14,059 shares Common stock received from RSU exercise at $0.00 per unit

Second RSU conversion 12,552 shares Common stock received from RSU exercise at $0.00 per unit

Orsus Trust indirect holding 10,000 shares Intel common stock held indirectly by Orsus Trust after transactions

Sea Turtle Trust holding 47,998 shares Intel common stock held indirectly by Sea Turtle Revocable Trust after transactions

Key Terms

Restricted Stock Units, derivative security, indirect ownership, total shares following transaction

4 terms

Restricted Stock Units financial

"security_title: "Restricted Stock Units" with underlying 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.

indirect ownership financial

"ownership_type: "indirect" and nature_of_ownership by Orsus and Sea Turtle trusts"

total shares following transaction financial

"field "total_shares_following_transaction" in each transaction row"

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Yeary Frank D

(Last) (First) (Middle)

C/O INTEL CORPORATION

2200 MISSION COLLEGE BLVD

(Street)

SANTA CLARA CALIFORNIA 95054

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
INTEL CORP [ INTC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/07/2026		M		12,552	A	(1)	48,508	D
Common Stock	05/07/2026		M		14,059	A	(1)	62,567	D
Common Stock								47,998	I	By Sea Turtle Revocable Trust
Common Stock								10,000	I	By Orsus 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)	05/07/2026		M			12,552	(2)	(2)	Common Stock	12,552	(1)	0	D
Restricted Stock Units	(1)	05/07/2026		M			14,059	(2)	(2)	Common Stock	14,059	(1)	0	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 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.

	/s/ Harry Demas, attorney-in-fact	05/08/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Intel (INTC) director Frank D. Yeary report in this Form 4?

Frank D. Yeary reported the exercise of restricted stock unit awards that converted into 26,611 shares of Intel common stock. These transactions are derivative exercises related to equity compensation rather than open-market buying or selling of Intel shares.

How many Intel (INTC) shares were acquired through RSU exercises?

The filing shows that restricted stock unit awards covering 26,611 shares of Intel common stock were exercised. This total comes from two RSU conversions of 14,059 shares and 12,552 shares, both recorded as derivative exercises at a stated price of $0.00.

Were there any open-market buys or sells by the Intel (INTC) director in this Form 4?

No open-market purchases or sales are reported. The only transactions with share amounts are derivative exercises of restricted stock units converting into Intel common stock, and two additional entries simply update indirect holdings in trusts without showing any buy or sell activity.

What indirect Intel (INTC) holdings are reported for Frank D. Yeary?

The Form 4 lists 10,000 Intel common shares held indirectly through the Orsus Trust and 47,998 shares held indirectly through the Sea Turtle Revocable Trust. These entries describe indirect ownership via trusts associated with the reporting person.

Do any restricted stock units remain outstanding after these Intel (INTC) transactions?

The RSU positions tied to these specific awards show 0 units remaining after conversion into Intel common stock. This indicates the reported RSU awards were fully exercised and no balance remains for those particular derivative securities.