Summary by Futu AI
David Zinsner, Interim Co-CEO, EVP, and CFO of Intel, completed a stock transaction on 12/03/2024. He sold 2,620 shares of Intel common stock at $23.1 per share, totaling approximately $60,522. This transaction was part of a payment of exercise price or tax liability by delivering or withholding securities.Prior to the sale, Zinsner acquired 5,283 shares through the exercise or conversion of a derivative security. Following these transactions, he holds 158,500 shares directly. The transactions were completed on the same day, reflecting strategic financial management by the executive.These actions are significant for investors monitoring executive stock movements, as they may indicate confidence levels in the company's future performance.