Chandrasekaran Nagasubramaniyan 4

What Happened

• Chandrasekaran Nagasubramaniyan, EVP, CT & Ops Officer and GM Foundry at Intel (INTC), had 33,008 restricted stock units (RSUs) convert into common shares on April 30, 2026.
• To satisfy tax withholding related to the vesting/conversion, 13,649 shares were withheld (disposed) at an indicated value of $93.60 per share, totaling $1,277,546. The net shares delivered to him after withholding were 19,359 (33,008 - 13,649).
• This is not an open-market sale or purchase signal of new conviction; it reflects routine RSU vesting and tax withholding.

Key Details

• Transaction date: April 30, 2026; Form 4 filed May 4, 2026 (filed within the SEC’s typical 2-business-day reporting window for this transaction).
• Converted (M): 33,008 RSUs -> 33,008 common shares (no per-share price applicable for conversion).
• Tax withholding (F): 13,649 shares withheld at $93.60 per share = $1,277,546 (reported as disposition).
• Net shares delivered to insider: 19,359 shares.
• Footnotes: F1 clarifies each RSU converts to one share on vesting. F2 shows the award vests in eight substantially equal quarterly tranches (1/8th each) beginning Jan 30, 2025.
• Shares owned after the transaction: not reported in the provided excerpt of the filing.

Context

• This was a routine vesting/conversion of RSUs with share withholding to cover taxes (a common, administrative transaction). That type of transaction generally reflects compensation vesting rather than a buy or sell decision about the stock.
• The filing includes derivative conversion reporting (code M) and a tax-withholding disposition (code F); no open-market sale or third-party purchase was reported.