WEISLER DION J 4
Research Summary
AI-generated summary
Intel Director Dion J. Weisler Converts RSUs; Shares Withheld
What Happened
- Dion J. Weisler, a director of Intel Corporation (INTC), had 12,552 restricted stock units (RSUs) convert into 12,552 shares of common stock on May 7, 2026 (reported on Form 4 filed May 8, 2026). The filing also shows a simultaneous disposition of 12,552 shares. Prices and cash values are listed as N/A in the filing.
- The pair of entries (conversion/acquisition and immediate disposition of the same share count) is consistent with RSUs vesting and being converted to shares, with an equal number of shares then surrendered/withheld (commonly to satisfy tax withholding), rather than an open-market purchase or a voluntary sale.
Key Details
- Transaction date: 2026-05-07; Form 4 filed: 2026-05-08 (timely).
- Transaction type/code: M (exercise or conversion of derivative security — here, RSUs converting into common stock).
- Shares acquired on conversion: 12,552; shares disposed: 12,552. Price and total dollar values: N/A in filing.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 clarifies each RSU converts to one share upon vesting. F2 notes 100% of the RSUs vest on the earlier of the first anniversary of the grant date or the 2026 Annual Stockholders' Meeting.
- No indication this filing was late; no 10b5-1 plan, gift, or other special codes are reported in the excerpt.
Context
- This was an RSU vesting/conversion event, not a market buy or discretionary sale. When RSUs convert and an equal number of shares are immediately disposed or withheld, it typically reflects tax withholding or settlement mechanics rather than a directional trade by the insider.
- For retail investors, RSU conversions are routine compensation events and do not necessarily signal a change in the insider’s view of the company.