Summary by Futu AI
Intel CEO Patrick P. Gelsinger completed a series of transactions involving the company's common stock, as reported on April 30, 2024. Gelsinger exercised options to acquire 6,779 shares and subsequently sold 3,362 shares at a price of $30.8 per share to cover exercise prices or tax liabilities, resulting in a total market value of $103,549.6 for the disposed shares. Following these transactions, Gelsinger directly held 107,290 shares of Intel. Additionally, on May 1, 2024, a family trust indirectly associated with Gelsinger purchased 4,100 shares of Intel common stock on the open market at a price of $30.286 per share. After all transactions, the total number of securities beneficially owned by Gelsinger and the family trust amounted to 138,486 shares.