Intel General Counsel Sells Shares After Performance-Based Vesting

April Miller Boise, Intel Corp.’s Executive Vice President and General Counsel, saw her shareholdings increase when her performance-based stock awards vested into shares on January 31, 2026. To cover her tax liability, she sold roughly 29,000 shares and then sold an additional 20,000 shares in the open market on February 2, converting them to cash.

The sale for tax withholding purposes was disclosed at $47.67 per share, totaling about $1.42 million (approximately KRW 2 billion). On the same day, her open-market sale of 20,000 shares went for $49.05 per share, amounting to roughly $980,000 (about KRW 1.3 billion). Intel characterized both transactions as routine incentive compensation and partial equity monetization.

At the same time, Intel also disclosed the vesting of restricted stock awards for executive Chandrasekaran Nagasubramaniyan and a new RSU grant for Director Craig H. Barratt. Both were treated as standard compensation transactions rather than open-market trades.

Recently, Intel announced its re-entry into the high-end desktop market with the new Xeon 600 series, built on the Granite Rapids architecture. These workstation processors support up to 86 cores and 4 TB of memory.

Intel is also preparing its Arrow Lake Refresh desktop CPU lineup, expected to launch in March 2026. Observers have noted adjustments in product configurations and release strategies after some top-tier models disappeared from retailer listings.

Founded in 1968 and headquartered in Santa Clara, California, Intel is a global semiconductor company whose business centers on PC and server CPUs and data-center chips.

In recent years, facing intensifying competition and weaker financial performance, Intel has carried out large-scale restructuring. With a new CEO and a business realignment, the company has refocused its efforts on core areas such as foundry services and AI chips.