Intel Corp Files 8-K: Officer Changes & Financials
Ticker: INTC · Form: 8-K · Filed: Dec 3, 2024 · CIK: 50863
| Field | Detail |
|---|---|
| Company | Intel CORP (INTC) |
| Form Type | 8-K |
| Filed Date | Dec 3, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001, $1,250,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, financials
Related Tickers: INTC
TL;DR
Intel's 8-K dropped, looks like exec shakeups and financial updates are on the way.
AI Summary
Intel Corporation filed an 8-K on December 3, 2024, reporting events as of December 1, 2024. The filing indicates changes related to the departure of directors, election of directors, appointment of certain officers, and compensatory arrangements for officers. It also includes Regulation FD disclosures and financial statements/exhibits.
Why It Matters
This filing signals potential shifts in Intel's corporate governance and executive compensation structure, which could impact investor confidence and strategic direction.
Risk Assessment
Risk Level: medium — Changes in directors and officers, especially coupled with compensatory arrangements, can indicate internal shifts that may affect company performance or strategy.
Key Numbers
- 0000050863 — CIK (Intel's Central Index Key for SEC filings)
- 000-06217 — SEC File Number (Intel's SEC file number)
Key Players & Entities
- INTEL CORP (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- Santa Clara, California (location) — Principal executive offices
FAQ
What specific officer positions have seen changes?
The filing indicates changes related to the 'Appointment of Certain Officers' and 'Compensatory Arrangements of Certain Officers', but the specific names and positions are not detailed in the provided text.
Are there any new directors elected or departing?
Yes, the filing explicitly mentions 'Departure of Directors or Certain Officers' and 'Election of Directors'.
What is the effective date of the reported events?
The date of the earliest event reported is December 1, 2024.
What type of financial information is included?
The filing states 'Financial Statements and Exhibits' are included, but the specifics are not detailed in the provided text.
Does this filing include any Regulation FD disclosures?
Yes, the filing explicitly lists 'Regulation FD Disclosure' as an item information.
Filing Stats: 1,234 words · 5 min read · ~4 pages · Grade level 12 · Accepted 2024-12-02 19:28:44
Key Financial Figures
- $0.001 — ange on which registered Common stock, $0.001 par value INTC Nasdaq Global Select Mar
- $1,250,000 — 18 months of his current base salary of $1,250,000 and (ii) 1.5 times his current target b
Filing Documents
- intc-20241201.htm (8-K) — 32KB
- a12012024form8-kex991.htm (EX-99.1) — 38KB
- intc-20241201_g1.jpg (GRAPHIC) — 5KB
- unboxedlogo_20202.jpg (GRAPHIC) — 24KB
- 0000050863-24-000173.txt ( ) — 248KB
- intc-20241201.xsd (EX-101.SCH) — 2KB
- intc-20241201_lab.xml (EX-101.LAB) — 21KB
- intc-20241201_pre.xml (EX-101.PRE) — 12KB
- intc-20241201_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On December 2, 2024, the Company issued a press release announcing Mr. Gelsinger's resignation and Mr. Holthaus' and Mr. Zinsner's appointments. A copy of such press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The information in Item 7.01 of this Current Report on Form 8-K is furnished and shall not be treated as filed for purposes of the Securities Exchange Act of 1934, as amended. 2
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following exhibits are provided as part of this Report: Exhibit Number Description 99.1 Press Release dated December 2, 2024 . 104 Cover Page Interactive Data File, formatted in Inline XBRL and included as Exhibit 101. 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INTEL CORPORATION (Registrant) Date: December ___, 2024 By: /s/ APRIL MILLER BOISE April Miller Boise Executive Vice President and Chief Legal Officer 4