Research Summary
AI-generated summary of this SEC filing
Intel Director Craig Barratt Receives 1,461 RSU Award
What Happened
- Craig H. Barratt, a director of Intel Corporation (INTC), was granted 1,461 restricted stock units (RSUs) on July 30, 2026. The grant is reported as a derivative award (transaction code A); no per-share price or immediate cash value is listed. This is a compensation award rather than a purchase or sale and does not represent an immediate change in open-market holdings.
Key Details
- Transaction date: 2026-07-30; Form 4 filed: 2026-08-03 (filed within the required reporting window).
- Grant type/code: Award (A) — restricted stock units (derivative instrument).
- Number of RSUs: 1,461.
- Price/value: N/A on grant (typical for RSU grants; value equals underlying share price at vesting).
- Shares owned after transaction: Not specified in this filing.
- Footnotes:
- F1 — Each RSU converts to one share of Intel common stock upon vesting.
- F2 — 100% of the RSUs vest on the earlier of May 13, 2027 (or the next business day) or the date of the 2027 Annual Stockholders’ Meeting, unless forfeited earlier.
Context
- RSUs are deferred compensation that convert into shares when they vest; they do not create immediate market selling or buying pressure. Such grants to directors are common as part of annual or meeting-related compensation and should be viewed as routine director pay rather than an explicit bullish or bearish signal.