Intel (NASDAQ: INTC) legal chief sells 40,256 shares in open-market deal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intel Corporation executive April Miller Boise, EVP and Chief Legal Officer, sold shares of company stock. On May 1, 2026, she completed an open-market sale of 40,256 shares of Intel common stock at a weighted average price of $99.526 per share in multiple trades between $99.50 and $99.61.
After the sale, she directly holds 105,077 Intel shares. Her holdings include 561 shares acquired under Intel’s Employee Stock Purchase Plan on February 19, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,256 shares ($4,006,519)
Net Sell
1 txn
Insider
Miller Boise April
Role
EVP and Chief Legal Officer
Sold
40,256 shs ($4.01M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 40,256 | $99.526 | $4.01M |
Holdings After Transaction:
Common Stock — 105,077 shares (Direct, null)
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $99.50 to $99.61. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Includes 561 shares acquired under the Company's Employee Stock Purchase Plan on February 19, 2026.
Key Figures
Shares sold: 40,256 shares
Weighted average sale price: $99.526 per share
Post-transaction holdings: 105,077 shares
+2 more
5 metrics
Shares sold
40,256 shares
Open-market sale on May 1, 2026
Weighted average sale price
$99.526 per share
Common stock sale
Post-transaction holdings
105,077 shares
Direct Intel common stock held after sale
ESPP shares included
561 shares
Acquired under Employee Stock Purchase Plan on Feb 19, 2026
Sale price range
$99.50–$99.61 per share
Multiple trade executions
Key Terms
open-market sale, weighted average sale price, Employee Stock Purchase Plan, Form 4
4 terms
open-market sale financial
"transaction_action: "open-market sale" for 40,256 shares of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
Employee Stock Purchase Plan financial
"Includes 561 shares acquired under the Company's Employee Stock Purchase Plan on February 19, 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): { "issuerName": "INTEL CORP""
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Intel (INTC) report for April Miller Boise?
Intel reported that EVP and Chief Legal Officer April Miller Boise sold 40,256 common shares. The transaction occurred on May 1, 2026, as an open-market sale and was reported in a Form 4 insider filing with the SEC.
What type of insider transaction did Intel’s April Miller Boise execute?
The transaction was an open-market sale of Intel common stock. It is coded as an “S” transaction on the Form 4, described as a sale in open market or private transaction, involving 40,256 shares sold on May 1, 2026.
Does April Miller Boise’s Intel (INTC) holding include Employee Stock Purchase Plan shares?
Yes, her Intel holdings include shares from the Employee Stock Purchase Plan. A footnote states that 105,077 shares held after the sale include 561 shares acquired under Intel’s Employee Stock Purchase Plan on February 19, 2026.