GOETZ JAMES J 4
Research Summary
AI-generated summary
Intel Director James Goetz Receives 2,782 RSUs (Award)
What Happened
- James J. Goetz, a director of Intel Corporation (INTC), received a grant of 2,782 restricted stock units (RSUs) on May 13, 2026. The award is a derivative grant (code A) — there is no purchase price and the RSUs convert into common shares only upon vesting.
Key Details
- Transaction date: 2026-05-13; Form filed: 2026-05-15 (timely filing).
- Grant: 2,782 RSUs (derivative award). Price: N/A (RSUs, not a cash purchase).
- Vesting/conversion: Each RSU represents the right to one share on vesting (Footnote F1). Per the award terms (Footnote F2), 100% of the RSUs vest and convert on the earlier of the first anniversary of the grant date (around 2027-05-13, or the next business day if applicable) or the date of the 2027 Annual Stockholders’ Meeting.
- Shares owned after the grant: not specified in the reported transaction.
- No special plan codes (e.g., 10b5-1) or tax-withholding details noted in the filing.
Context
- RSU grants are common director compensation and do not represent immediate stock ownership or sale — they vest into shares later and may be subject to forfeiture until vesting. This award is a compensation event, not an open-market purchase or sale, and should be viewed accordingly.