GOETZ JAMES J 4
Research Summary
AI-generated summary
Intel Director James Goetz Converts 12,552 RSUs to Shares
What Happened
- James J. Goetz, a director at Intel Corp (INTC), had 12,552 restricted stock units (RSUs) convert into 12,552 shares of Intel common stock on 2026-05-07 (transaction code M: exercise/conversion of a derivative). The filing also reports a simultaneous disposition of 12,552 shares on the same date. No per-share price or total dollar value is reported in the Form 4.
Key Details
- Transaction date: 2026-05-07; Form 4 filed 2026-05-08 (timely filing).
- Transaction types: Exercise/conversion of derivative (M) — 12,552 shares acquired; 12,552 shares disposed (derivative).
- Price/Value: Not reported (N/A) in the filing.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 notes each RSU converts to one share upon vesting; F2 states 100% of these RSUs vest on the earlier of the first anniversary of the grant or the 2026 Annual Stockholders' Meeting.
Context
- Code M indicates an exercise or conversion of a derivative instrument; here the filing treats the awards as RSUs that converted into shares. The filing does not state the reason for the simultaneous disposition (e.g., tax withholding or sell-to-cover) nor provide sale prices, so no dollar-value or proceeds can be calculated from this report. This appears to be a routine award vesting/settlement event rather than an open-market directional purchase or sale.