Summary by Futu AI
On July 30, 2024, Christoph Schell, EVP and Chief Commercial Officer at Intel Corp (INTC), completed a stock transaction involving the sale of 3,998 shares of common stock at a price of $30.46 per share. The transaction resulted in a total market value of $121,779.08. Prior to this sale, Schell exercised options, acquiring 8,063 shares of Intel common stock. Following these transactions, Schell's direct holdings in Intel amounted to 65,224 shares. The sale was executed as a means to cover the exercise price or tax liability associated with the option exercise.