Katouzian Aliyar 4

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.