Zinsner David 4

What Happened
David Zinsner, EVP and Chief Financial Officer of Intel, had 37,015 restricted stock units (RSUs convert/vest) on 2026-06-01. To cover tax withholding related to the vesting, 18,353 shares were withheld/sold at $109.82 per share, producing $2,015,526. The net shares delivered to Zinsner after withholding were 18,662 (37,015 vested minus 18,353 withheld). This was a routine tax-withholding disposition tied to an award vesting, not an open-market sale or a purchase.

Key Details

• Transaction date: June 1, 2026. Form 4 filed June 2, 2026 (timely filing).
• Vesting/conversion: 37,015 RSUs converted to common shares (code M = exercise/conversion of derivative).
• Tax withholding/disposition: 18,353 shares withheld/disposed at $109.82 each for $2,015,526 (code F = payment of exercise price or tax liability).
• Net shares received: 18,662 shares after withholding.
• Footnotes: F1 clarifies each RSU equals one share upon vesting; F3 describes typical three-year vesting schedule; F2 notes 561 shares were acquired earlier under Intel’s ESPP (Feb 19, 2026).
• Filing timeliness: Not marked late; filed the next day (within normal Form 4 deadlines).

Context
This activity reflects routine vesting and tax withholding for equity compensation. Withholding/sale to cover taxes is common and does not necessarily indicate insider sentiment about the company’s stock. This was not an open-market purchase or discretionary sale by the insider.