Chandrasekaran Nagasubramaniyan 4

What Happened

• Chandrasekaran Nagasubramaniyan, EVP, CT & Ops Officer and GM Foundry at Intel (INTC), had 33,007 restricted stock units (RSUs) convert into common stock on 2026-01-30. To cover tax withholding, 10,637 of those shares were surrendered/withheld at $47.77 per share for a withholding amount of $508,129. The net shares issued to him after withholding were approximately 22,370 (33,007 - 10,637). This was a vesting/settlement event (not an open-market purchase or a discretionary sale).

Key Details

• Transaction date: 2026-01-30; Form 4 filed: 2026-02-03 (period of report: 2026-01-30).
• Vesting/conversion: 33,007 RSUs converted into common stock (transaction code M = exercise/conversion of derivative).
• Tax withholding: 10,637 shares withheld (transaction code F) at $47.77 per share, totaling $508,129.
• Net shares delivered to insider (approx.): 22,370 shares.
• Footnotes: F1 — each RSU equals one share on vesting; F2 — the award vests in eight equal quarterly tranches (1/8th each) beginning Jan 30, 2025.
• Shares owned after the transaction: not specified in the filing.

Context

• This is a routine RSU vest/settlement with a common "sell-to-cover" style tax withholding: RSUs converted to shares and some shares withheld to satisfy tax obligations rather than a market sale by the insider.
• Such transactions reflect compensation vesting rather than an expressed buy/sell view by the insider.