Katouzian Aliyar 4

4 · INTEL CORP · Filed Jun 2, 2026

AI-generated summary of this filing

Updated Jun 2, 2026

Intel (INTC) EVP Aliyar Katouzian Receives Equity Award

What Happened

Aliyar Katouzian, Executive VP and GM of the Compute & Physical AI Group at Intel (INTC), was granted a total of 152,734 derivative awards on May 30, 2026. The filing shows three awards of 32,729, 87,276 and 32,729 units respectively. These are restricted stock units (RSUs) and performance stock units (PSUs) that convert into Intel common stock upon vesting. No purchase price is reported (N/A) because these are compensation grants, not open‑market trades.

Key Details

Transaction date: 2026-05-30; Form 4 filed: 2026-06-02 (Accession 0000050863-26-000139).
Awards: 32,729 + 87,276 + 32,729 = 152,734 units (mix of RSUs and PSUs); price per share: N/A (award grant).
Shares owned after transaction: not specified in the provided filing details.
Vesting and conversion notes from the filing:
- RSUs represent the right to receive one share of Intel common stock upon vesting (F1).
- Some RSUs vest in three equal annual installments starting on the first anniversary of the grant (F2); other RSUs vest 100% on the third anniversary (F3).
- PSUs can convert into up to 200% of one share per unit depending on multi‑year performance metrics; PSU payout vests/settles on Jan 31, 2029 per the filing (F4, F5).
Filing type: award/grant (code A). No sale/purchase codes reported. No indication in the provided data that the filing was late.

Context

These awards are standard equity compensation (not market purchases or sales). RSUs/PSUs are contingent on continued employment and, for PSUs, on meeting performance goals — they do not represent immediate cash or shares until they vest/convert.
For retail investors: grants are routine for executives as part of pay and retention plans. They do not necessarily signal the insider buying or selling stock in the open market.

Form 4

Period: 2026-05-30

EVP, GM CC & Physical AI Grp

Transactions

Award
Restricted Stock Units
[F1][F2]
2026-05-30+32,729→ 32,729 total
→ Common Stock (32,729 underlying)
Award
Restricted Stock Units
[F1][F3]
2026-05-30+87,276→ 87,276 total
→ Common Stock (87,276 underlying)
Award
Performance Stock Units
[F4][F5]
2026-05-30+32,729→ 32,729 total
→ Common Stock (32,729 underlying)

Footnotes (5)

[F1]Each restricted stock unit (RSU) represents the right to receive, following vesting, one share of Intel common stock.
[F2]Unless earlier forfeited under the terms of the RSUs, the RSUs will vest in three equal annual installments of Intel common stock beginning on the first anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.
[F3]Unless earlier forfeited under the terms of the RSU, 100% of the awards vest and convert into common stock on the 3rd anniversary of the grant date, unless that date falls on a non-business date, in which case the next business date shall apply.
[F4]Each performance stock unit (PSU) represents the right to receive, following vesting, up to 200% of one share of Intel common stock. The number of shares of Intel common stock acquired upon vesting of the PSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Talent and Compensation Committee, over a three-year performance period beginning with the first day of the fiscal year of the grant date and ending on the last day of the fiscal year of the second anniversary of the grant date.
[F5]Unless earlier forfeited under the terms of the PSU, each PSU vests and converts into no more than 200% of one share of Intel common stock on January 31, 2029, unless that date falls on a non-business date, in which case the next business date shall apply.

Signature

/s/ Harry Demas, attorney-in-fact|2026-06-02

1 file