Intel (INTC) CFO David Zinsner vests 126,563 PSUs and sells shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intel Corporation’s EVP and CFO David Zinsner reported equity-based compensation activity and a related share sale. On January 31, 2026, performance-based stock units for 126,563 shares of Intel common stock were earned and converted into common shares after a three-year performance period. On February 2, 2026, 59,690 of these shares were sold at $47.67 per share to cover tax withholding obligations, a common administrative transaction. After these events, Zinsner directly owned 314,265 shares of Intel common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
126,563 shares exercised/converted
Mixed
3 txns
Insider
Zinsner David
Role
EVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 59,690 | $47.67 | $2.85M |
| Exercise | Performance Stock Units | 126,563 | $0.00 | -- |
| Exercise | Common Stock | 126,563 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 314,265 shares (Direct);
Performance Stock Units — 0 shares (Direct)
Footnotes (1)
- Performance-based stock units ("PSUs") for 126,563 shares of Intel common stock were earned on January 31, 2026, based on the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, for the three-year performance period beginning fiscal year 2023 and ending on the last day of fiscal year 2025. Each performance-based 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 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. 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, 2026, unless that date falls on a non-business date, in which case the next business date shall apply.
FAQ
What insider transaction did Intel (INTC) CFO David Zinsner report?
Intel CFO David Zinsner reported the vesting of performance stock units into 126,563 common shares and a subsequent sale of 59,690 shares. These transactions reflect equity compensation vesting and tax withholding, leaving him with 314,265 directly owned Intel shares after the reported activity.
What are the performance stock units reported by Intel (INTC) CFO?
The filing shows performance-based stock units for 126,563 Intel shares were earned on January 31, 2026. These PSUs were tied to pre-established performance metrics over a three-year period from fiscal 2023 through fiscal 2025 and then converted into Intel common stock upon vesting.
Over what period were Intel (INTC) CFO’s performance stock units measured?
The performance stock units were earned based on metrics measured over a three-year performance period. This period began with Intel’s fiscal year 2023 and ended on the last day of fiscal year 2025, as approved by the company’s Compensation Committee before vesting into common shares.