Intel (INTC) CEO Tan Lip Bu Buys $10M of Stock

What Happened

• Tan Lip Bu, CEO and director of Intel Corporation (INTC), acquired 105,263 shares in a purchase transaction on 2026-08-11. The shares were purchased at $95.00 each for a total reported value of $9,999,985. This was a direct purchase (transaction code P), not an option exercise or award.

Key Details

• Transaction date and price: 2026-08-11, 105,263 shares at $95.00 per share.
• Total transaction value: $9,999,985 (about $10.0M).
• Shares owned after transaction: not reported in the provided Form 4 excerpt.
• Notable footnotes/plans: No 10b5-1 plan, tax withholding, or other footnotes disclosed in the information provided.
• Filing timing: Form 4 was filed on 2026-08-14 (three days after the transaction date), which appears to be outside the standard two-business-day Form 4 reporting window and may represent a late filing.

Context

• This was an open-market purchase (direct acquisition of common stock). Unlike option exercises or grants, this transaction increases the insider’s outright share ownership. Insider purchases are closely watched by investors as informative trading activity, but filings do not state the insider’s motivation.