Intel (NASDAQ: INTC) director converts 2,730 RSUs to stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intel director Craig H. Barratt exercised previously granted restricted stock units into common shares. On May 7, 2026, 2,730 restricted stock units converted into 2,730 shares of Intel common stock at a stated price of $0.00 per share, bringing his direct holdings to 28,751 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,730 shares exercised/converted
Mixed
2 txns
Insider
BARRATT CRAIG H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,730 | $0.00 | -- |
| Exercise | Common Stock | 2,730 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 28,751 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 May 7, 2026 or the date of the 2026 Annual Stockholders' Meeting.
Key Figures
RSUs exercised: 2,730 units
Shares received: 2,730 shares
Holdings after transaction: 28,751 shares
+1 more
4 metrics
RSUs exercised
2,730 units
Restricted Stock Units converted on May 7, 2026
Shares received
2,730 shares
Intel common stock from RSU conversion on May 7, 2026
Holdings after transaction
28,751 shares
Direct Intel common stock held by Craig H. Barratt after exercise
Exercise price
$0.00 per share
Stated price per share for RSU conversion
Key Terms
Restricted Stock Units, derivative security, vest
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.
vest financial
"Unless earlier forfeited under the terms of the award, 100% of the RSUs vest and convert into common stock"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Intel (INTC) director Craig H. Barratt report?
Craig H. Barratt reported an exercise of restricted stock units into Intel common stock. On May 7, 2026, 2,730 restricted stock units converted into 2,730 shares, increasing his direct holdings to 28,751 Intel common shares after the transaction.
What derivative security was involved in this Intel (INTC) Form 4?
The derivative security was restricted stock units. The filing shows 2,730 restricted stock units, each representing the right to receive one Intel common share, converted into 2,730 shares of common stock as part of an exercise of derivative securities.
How many restricted stock units did Craig H. Barratt have after the transaction for Intel (INTC)?
Following the reported transaction, the position in the disclosed restricted stock units is shown as zero. The 2,730 restricted stock units were fully converted into 2,730 Intel common shares, leaving no remaining balance for that specific RSU grant.