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INTCIntel Corp · Insider ownership research

Intel Corp insiders sold $7.5M in the past 12 months. How much of their stake is that?

Insiders sold $7.5M, 0% under disclosed plans. Their starting stakes can't be measured from the filings because most of the sellers' shares vested during the period.

Updated Oct 8, 2026 from SEC filings · covers Oct 9, 2025 to Oct 8, 2026
2
buyers among officers and directors (2 trades), past 12 months
0%
of sales were under disclosed trading plans, past 12 months
2 of 20
officers and directors sold shares, past 12 months
Recent activity · past 30 days, Sep 9, 2026 to Oct 8, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Aug 11, 2026Lip Tan bought 105K shares ($10.0M). The total stake went from 1.23M to 1.33M shares that day.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Lip Tan
CEO, Director
105,263$95.00n/a1.33MAug 11, 2026Aug 14, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Is this normal? More than usual: about 4x the 5-year average. 2 insiders sold; the average is 2 a year. Year by year
Latest filing: Filed Aug 14 for a purchase on Aug 11. Lip Tan bought 105K shares ($10.0M). Filing
45 SEC ownership filings in the period · See the evidence

What stands out

Two officers bought shares: Lip Tan (105K shares, $10.0M) and David Zinsner (5.9K shares, $250K). These are the first by current officers or directors since Jan 31, 2023.Lip Tan: purchase, Aug 11, 2026 · David Zinsner: purchase, Jan 26, 2026
Two officers sold $7.5M with no disclosed plan: Boise Miller ($5.0M) and Nagasubramaniyan Chandrasekaran ($2.5M). The filings don't state a reason.Boise Miller: largest such sale, May 1, 2026 · Nagasubramaniyan Chandrasekaran: largest such sale, May 29, 2026
Tax withholding outweighed market sales: the company withheld $14.8M of officers' and directors' shares for taxes, against $7.5M sold on the open market. The largest was David Zinsner ($7.1M withheld).Largest withholding, Feb 2, 2026

Percentages cover 15 of 20 officers and directors. 5 are left out

i
Left out: Nagasubramaniyan Chandrasekaran and Boise Miller (most of their shares vested during the period, so a percentage would mislead); Barbara Novick (most holdings were last confirmed in 2023); Aparna Bawa and Aliyar Katouzian (held no vested shares at the start).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period
Boise Miller
EVP and Chief Legal Officer
No bar: most of their shares vested during the period, so a percentage would mislead.
$5.0MNo plan disclosed
Nagasubramaniyan Chandrasekaran
EVP, CT & Ops Off, GM Foundry
No bar: most of their shares vested during the period, so a percentage would mislead.
$2.5MNo plan disclosed
Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed
OctNovDecJanFeb 2026: $981K no plan disclosedFebMarAprMay 2026: $6.5M no plan disclosed$6.5MMayJunJulAugSepOct

Common questions

Is the Intel Corp CEO selling stock?

No. Lip Tan reported no open-market sales in the past 12 months.

Why are Intel Corp insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Intel Corp insiders buying?

Yes. 2 officers or directors reported 2 purchases in the past 12 months (Form 4 code P, which includes private purchases).

The evidence

Who sold2 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Boise Miller
EVP and Chief Legal Officer
$5.0M
60K shares
i
No percentage: most of their shares vested during the period, so a percentage would mislead.
No plan disclosed
Nagasubramaniyan Chandrasekaran
EVP, CT & Ops Off, GM Foundry
$2.5M
21K shares
i
No percentage: most of their shares vested during the period, so a percentage would mislead.
No plan disclosed
The full ownership picture20 of 20 insiders fully reconciled · 17 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 8, 2025SoldHeld Oct 8, 2026Still held
Lip Tan
i
Minor difference of 561 shares. Difference is under 0.5% of holdings. New Form 3 filed 2025-03-20; earlier filings set aside.
CEO, Director
1.23M01.33Mno sales
Vesting, gifts, unvested awards and holding lines for Lip Tan
0shares vested or exercised
0gifted (net of own trusts)
1.38M → 1.68Munvested awards, start → end
  • New Form 3 filed 2025-03-20; earlier filings set aside.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock15,91016,471
Family TrustCommon Stock1,209,4061,314,669
401(k)Common Stock500500

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
1,029,579$25.90Mar 18, 2032$71.1M
1,792,938$25.90Mar 18, 2035$124M
468,087$45.48Feb 28, 2033$23.2M

Estimate: options held × ($95.00 − strike price), using the most recent insider trade price on Form 4 (Aug 11, 2026), not a market close.

Reconciliation: minor difference of 561 shares. Difference is under 0.5% of holdings.

Michelle Holthaus
Interim Co-CEO, CEO Intel Prod
381K0381Kno sales
Vesting, gifts, unvested awards and holding lines for Michelle Holthaus
0shares vested or exercised
0gifted (net of own trusts)
1.20M → 1.20Munvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock379,128379,128
401(K) Savings PlanCommon Stock1,4381,438
David Zinsner
i
Minor difference of 561 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).
EVP, CFO
242K0384Kno sales
Vesting, gifts, unvested awards and holding lines for David Zinsner
+263Kshares vested or exercised
0gifted (net of own trusts)
−127Kwithheld by the company for taxes
648K → 712Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock241,510383,580

Reconciliation: minor difference of 561 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

James Goetz
Director
234K0247Kno sales
Vesting, gifts, unvested awards and holding lines for James Goetz
+13Kshares vested or exercised
0gifted (net of own trusts)
13K → 2.8Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock234,235246,787
Nagasubramaniyan Chandrasekaran
i
Started reporting during the period; starting holdings are from the Form 3.
EVP, CT & Ops Off, GM Foundry
150K−21K224Knot meaningful
Vesting, gifts, unvested awards and holding lines for Nagasubramaniyan Chandrasekaran
+159Kshares vested or exercised
0gifted (net of own trusts)
−64Kwithheld by the company for taxes
807K → 818Kunvested awards, start → end
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock150,029224,121
Frank Yeary
Director
94K0121Kno sales
Vesting, gifts, unvested awards and holding lines for Frank Yeary
+27Kshares vested or exercised
0gifted (net of own trusts)
153K → 127Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock35,95662,567
Sea Turtle Revocable TrustCommon Stock47,99847,998
Orsus TrustCommon Stock10,00010,000
Boise Miller
i
Minor difference of 561 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).
EVP and Chief Legal Officer
86K−60K105Knot meaningful
Vesting, gifts, unvested awards and holding lines for Boise Miller
+132Kshares vested or exercised
0gifted (net of own trusts)
−54Kwithheld by the company for taxes
364K → 420Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock86,210105,077

Reconciliation: minor difference of 561 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Scott Gawel
CVP, Chief Accounting Officer
75K098Kno sales
Vesting, gifts, unvested awards and holding lines for Scott Gawel
+47Kshares vested or exercised
0gifted (net of own trusts)
−23Kwithheld by the company for taxes
122K → 130Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock29,13823,396
Family TrustCommon Stock45,80674,944
Alyssa Henry
Director
57K069Kno sales
Vesting, gifts, unvested awards and holding lines for Alyssa Henry
+13Kshares vested or exercised
0gifted (net of own trusts)
13K → 2.8Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock56,66069,212
Stacy Smith
i
New Form 3 filed 2024-03-20; earlier filings set aside.
Director
54K066Kno sales
Vesting, gifts, unvested awards and holding lines for Stacy Smith
+13Kshares vested or exercised
0gifted (net of own trusts)
13K → 2.8Kunvested awards, start → end
  • New Form 3 filed 2024-03-20; earlier filings set aside.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock11,06923,621
Family TrustCommon Stock42,49542,495
Dion Weisler
Director
53K066Kno sales
Vesting, gifts, unvested awards and holding lines for Dion Weisler
+13Kshares vested or exercised
0gifted (net of own trusts)
13K → 2.8Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock53,28965,841
Tsu-Jae Liu
Director
42K042Kno sales
Vesting, gifts, unvested awards and holding lines for Tsu-Jae Liu
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock42,02742,027
Craig Barratt
i
Started reporting during the period; starting holdings are from the Form 3.
Director
26K029Kno sales
Vesting, gifts, unvested awards and holding lines for Craig Barratt
+2.7Kshares vested or exercised
0gifted (net of own trusts)
0 → 5.4Kunvested awards, start → end
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock26,02128,751
Andrea Goldsmith
Director
22K035Kno sales
Vesting, gifts, unvested awards and holding lines for Andrea Goldsmith
+13Kshares vested or exercised
0gifted (net of own trusts)
41K → 32Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock22,17634,728
Gregory Smith
Director
15K028Kno sales
Vesting, gifts, unvested awards and holding lines for Gregory Smith
+13Kshares vested or exercised
0gifted (net of own trusts)
89K → 79Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock14,79327,345
Spouse Revocable TrustCommon Stock410410
Eric Meurice
Director
5.1K018Kno sales
Vesting, gifts, unvested awards and holding lines for Eric Meurice
+13Kshares vested or exercised
0gifted (net of own trusts)
13K → 2.8Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock5,13217,684
Steve Sanghi
Director
5.1K018Kno sales
Vesting, gifts, unvested awards and holding lines for Steve Sanghi
+13Kshares vested or exercised
0gifted (net of own trusts)
13K → 2.8Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock5,13217,684

20 of 20 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (17 exactly, 3 with a minor or footnoted difference). Percentages cover 15 of 20 officers and directors. Left out: Nagasubramaniyan Chandrasekaran and Boise Miller (most of their shares vested during the period, so a percentage would mislead); Barbara Novick (most holdings were last confirmed in 2023); Aparna Bawa and Aliyar Katouzian (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$7.5M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $7.5M across 81,280 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $7.5M

Sales with no 10b5-1 plan and no tax reference in the filing. $5.0M of it is Boise Miller. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Boise Miller, May 1, 2026

Taxes

267,980 shares ($14.8M) were withheld by the company for taxes, which isn't a market sale.

Purchases · 2 buyers (2 trades)

2 officers and directors bought shares in this period, in 2 trades(Form 4 code P). Across all their filings on record there are 22 purchase trades.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Boise Miller
EVP and Chief Legal Officer
60K$5.0M0%67%Feb 2, 2026 to May 1, 2026
Nagasubramaniyan Chandrasekaran
EVP, CT & Ops Off, GM Foundry
21K$2.5M0%33%May 29, 2026 to May 29, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$0$0$0$0
Jan 2026$0$0$0$0
Feb 2026$981K$0$0$981K
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$6.5M$0$0$6.5M
Jun 2026$0$0$0$0
Jul 2026$0$0$0$0
Aug 2026$0$0$0$0
Sep 2026$0$0$0$0
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

More than usual: about 4x the 5-year average. 2 insiders sold; the average is 2 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 8, 2026
Latest 12 months
81K2$7.5M
Oct 8, 2025
1 year earlier
25K1$650K
Oct 8, 2024
2 years earlier
00$0
Oct 9, 2023
3 years earlier
6961$18K
Oct 9, 2022
4 years earlier
34K2$1.7M
Oct 9, 2021
5 years earlier
33K4$1.8M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Lip Tan: minor difference of 561 shares. Difference is under 0.5% of holdings.

David Zinsner: minor difference of 561 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Boise Miller: minor difference of 561 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Inferred rename: "Family Trust" is treated as the same holder as "Family Foundation", because the old name was never reported again and the new one opened with the same balance (10,000 shares). Old name, new name

Inferred rename: "Annuity Trust for Brother" is treated as the same holder as "Annuity Trust (1) for Brother", because the old name was never reported again and the new one opened with the same balance (8,400 shares). Old name, new name

Inferred rename: "SELF FOR DAUGHTER" is treated as the same holder as "SON", because the old name was never reported again and the new one opened with the same balance (4,678 shares). Old name, new name

Inferred rename: "401(k) Plan" is treated as the same holder as "Employee Benefit Plan Trust", because the old name was never reported again and the new one opened with the same balance (2 shares). Old name, new name

Inferred rename: "Family Trust" is treated as the same holder as "Trust for Self and Spouse", because the old name was never reported again and the new one opened with the same balance (24,312 shares). Old name, new name

Inferred rename: "Family Trust" is treated as the same holder as "Sea Turtle Revocable Trust", because the old name was never reported again and the new one opened with the same balance (57,998 shares). Old name, new name

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology2,333 filings from SEC EDGAR, and how we read them

All 2,333 Forms 3, 4 and 5 filed for Intel Corp (SEC CIK 50863) from Oct 2, 2002 to Aug 14, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages. 35 filings were left out because Intel Corp filed them as an owner of another company's stock. 67 older filings exist only on paper and could not be read.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (55)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Omar IshrakApr 1, 202554,858 shares, last reported balance as of May 11, 2023
Christoph SchellMar 3, 202593,250 shares, last reported balance as of Feb 28, 2025
Justin HotardFeb 3, 2025154 shares, last reported balance as of Mar 5, 2024
Patrick GelsingerNov 6, 2024645,874 shares, last reported balance as of Nov 4, 2024
Risa Lavizzo-MoureyMay 10, 202429,772 shares, last reported balance as of May 7, 2024
Sandra RiveraDec 5, 2023240,087 shares, last reported balance as of Oct 31, 2023
Steven RodgersFeb 2, 2022110,745 shares, last reported balance as of Feb 2, 2022
George DavisJan 5, 2022118,850 shares, last reported balance as of Jan 3, 2022
Gregory BryantDec 6, 202196,746 shares, last reported balance as of Dec 3, 2021
Kevin McBrideAug 3, 202114,626 shares, last reported balance as of Aug 2, 2021
Navin ShenoyMay 4, 202172,946 shares, last reported balance as of May 3, 2021
Robert SwanFeb 2, 2021426,165 shares, last reported balance as of Feb 1, 2021
Venkata RenduchintalaJul 31, 2020103,763 shares, last reported balance as of Jul 30, 2020
Reed HundtMay 18, 202052,385 shares, last reported balance as of May 14, 2020
Andrew WilsonMay 18, 20202,830 shares, last reported balance as of Mar 2, 2020
Andy BryantMay 4, 2020423,003 shares, last reported balance as of Apr 30, 2020
Aneel BhusriMay 20, 20197,122 shares, last reported balance as of Jul 24, 2017
Todd UnderwoodFeb 27, 20198,161 shares, last reported balance as of Feb 25, 2019
David YoffieMay 10, 2018160,042 shares, last reported balance as of May 8, 2018
Brian KrzanichMay 3, 2018253,590 shares, last reported balance as of May 2, 2018
David PottruckFeb 27, 2018115,975 shares, last reported balance as of Feb 23, 2018
Charlene BarshefskyFeb 27, 2018106,039 shares, last reported balance as of Feb 23, 2018
Diane BryantNov 3, 2017110,946 shares, last reported balance as of Nov 1, 2017
James PlummerFeb 3, 201748,403 shares, last reported balance as of Jan 30, 2017
John DonahoeFeb 3, 20179,265 shares, last reported balance as of Jan 25, 2016
Gregory PearsonSep 7, 201682,007 shares, last reported balance as of Sep 6, 2016
William HoltApr 28, 201636,144 shares, last reported balance as of Apr 26, 2016
Susan DeckerJan 27, 201675,243 shares, last reported balance as of Jan 23, 2016
Renee JamesNov 18, 201511,202 shares, last reported balance as of Nov 16, 2015
Thomas KilroyJul 23, 2014104,238 shares, last reported balance as of Jul 21, 2014
Arthur MelamedApr 28, 2014145,099 shares, last reported balance as of Apr 24, 2014
Arvind SodhaniFeb 26, 2014127,418 shares, last reported balance as of Feb 24, 2014
David PerlmutterOct 28, 2013587,872 shares, last reported balance as of Oct 24, 2013
Paul OtelliniApr 26, 20131,298,045 shares, last reported balance as of Apr 24, 2013
Jane ShawJul 26, 2011177,501 shares, last reported balance as of Jul 22, 2011
Sean MaloneyJan 26, 2011176,760 shares, last reported balance as of Jan 24, 2011
Robert BakerAug 30, 2010288,114 shares, last reported balance as of Aug 24, 2010
John ThorntonJul 20, 200914,531 shares, last reported balance as of Jul 21, 2009
Bruce SewellMay 1, 200917,548 shares, last reported balance as of Apr 21, 2009
Craig BarrettApr 22, 20093,309,187 shares, last reported balance as of Apr 21, 2009
Carol BartzJan 21, 20097,997 shares, last reported balance as of Jan 17, 2009
James Guzy Sr.May 22, 200820,311,927 shares, last reported balance as of May 21, 2008
John BrowneJul 25, 200610,000 shares, last reported balance as of Jul 21, 2006
Anand ChandrasekerApr 25, 20068,125 shares, last reported balance as of Apr 21, 2006
Andrew GroveApr 25, 200519,000,823 shares, last reported balance as of Apr 21, 2005
Abhijit TalwalkarApr 25, 20051,031 shares, last reported balance as of Apr 21, 2005
Gordon MooreMar 3, 2005172,992,357 shares, last reported balance as of Mar 2, 2005
Sunlin ChouJan 27, 20051,655,196 shares, last reported balance as of Jan 25, 2005
Thomas Dunlap Jr.Sep 22, 2004239,394 shares, last reported balance as of Sep 17, 2004
John MinerJun 9, 200493,986 shares, last reported balance as of Jun 8, 2004
Winston ChenApr 27, 2004820,000 shares, last reported balance as of Apr 26, 2004
Shen ChunApr 19, 200416,912 shares, last reported balance as of Apr 15, 2004
Charles YoungFeb 3, 20043,600 shares, last reported balance as of Jan 30, 2004
Leslie VadaszFeb 3, 20045,655,231 shares, last reported balance as of Jan 30, 2004
Ronald SmithOct 20, 2003658,998 shares, last reported balance as of Oct 17, 2003