Summary by Moomoo AI
Intel CEO Patrick P. Gelsinger completed a stock transaction on February 15, 2024, involving the company's common stock. Gelsinger executed a sale of 17,420 shares at a price of $44.65 per share, resulting in a total market value of $777,803. This transaction was part of a disposal that was described as a payment of exercise price or tax liability by delivering or withholding securities. Concurrently, Gelsinger acquired 35,135 shares through the exercise or conversion of derivative security, which did not have a reported transaction price. Following these transactions, Gelsinger directly held 84,101 shares of Intel common stock. Additionally, there were indirect holdings totaling 488,190 shares, beneficially owned through various family and other trusts.