Chandrasekaran Nagasubramaniyan 4
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Intel (INTC) EVP Chandrasekaran Nagasubramaniyan Sells Shares
What Happened Chandrasekaran Nagasubramaniyan, Intel EVP, Chief Technology & Operations Officer and GM, Foundry, sold 21,024 shares of Intel common stock in an open-market transaction on May 29, 2026. The weighted average sale price was $118.28 per share for a total proceeds of approximately $2,486,698. This was a sale (S) — sales are often routine and do not necessarily indicate a change in company outlook.
Key Details
- Transaction date: 2026-05-29 (filed on 2026-06-02; filing appears timely under the two-business-day Form 4 rule).
- Price: weighted average $118.28; individual trades ranged from $118.27 to $118.31 (footnote F1).
- Shares sold: 21,024; total proceeds ≈ $2,486,698.
- Shares owned after transaction: not specified in the provided filing excerpt—see the full Form 4 for post-transaction holdings.
- Notable footnote: F1 states the sale was executed in multiple trades at slightly different prices and the reporting person can provide the full breakdown on request. No 10b5-1 plan or tax-withholding notation was provided in the excerpt.
Context Sales by executives can be for many personal or portfolio reasons and are generally less informative than purchases about insider sentiment. This filing documents an open-market sale rather than option exercises, gifts, or awards. For complete holdings and any additional details, consult the full Form 4 filing (Accession No. 0000050863-26-000138).