Intel Corp CEO and Director Tan Lip-Bu filed a Form 4 with the SEC on November 4, 2026, disclosing a purchase of 150,000 shares of Intel common stock on November 2, 2026, through a family trust.

Key Highlights

  • Purchase transaction: Tan Lip-Bu acquired 150,000 shares of Intel common stock on November 2, 2026, with transaction code "P" (open-market purchase).
  • Weighted average price: The shares were purchased at a weighted average price of $64.7312 per share, with individual trades ranging from $64.705 to $64.735.
  • Indirect ownership via family trust: The 150,000 shares were acquired indirectly, held by a family trust.
  • Beneficial ownership following transaction: Following the purchase, Tan Lip-Bu beneficially owns 1,464,669 shares indirectly through the family trust.
  • Additional holdings: The filing also shows 16,471 shares disposed of (direct) and 500 shares held indirectly through a 401(k) plan, with no transaction date reported for those two lines.
  • Reporting person role: Tan Lip-Bu is identified in the filing as both a Director and CEO of Intel Corp (NASDAQ:INTC).

Tan Lip-Bu's November 2026 Open-Market Share Purchase at Intel

According to the Form 4 filed with the SEC on November 4, 2026, Intel Corp (NASDAQ:INTC) CEO Tan Lip-Bu executed an open-market purchase of 150,000 shares of Intel common stock on November 2, 2026. The filing indicates the transaction was carried out through a family trust, making the resulting ownership indirect. The weighted average purchase price was reported as $64.7312 per share, with the filing noting that the transaction "was executed in multiple trades at prices ranging from $64.705 to $64.735."

Following the reported transaction, the filing shows Tan Lip-Bu beneficially owns 1,464,669 shares of Intel common stock indirectly through the family trust. The Form 4 also lists 16,471 shares held directly (shown as disposed, with no transaction date provided for that line) and 500 shares held indirectly through a 401(k) plan. The filing does not contain a transaction date for those two additional holdings lines.

The filing was signed by Harry Demas as attorney-in-fact on behalf of Tan Lip-Bu on November 4, 2026. No derivative securities transactions were reported in Table II of the filing. The filing further states that Tan Lip-Bu undertakes to provide, upon request, full information regarding the number of shares and prices at which the multi-trade transaction was effected.

What Was Disclosed

Intel Corp CEO Tan Lip-Bu disclosed a purchase of 150,000 shares of Intel common stock through a family trust on November 2, 2026, at a weighted average price of $64.7312, with post-transaction indirect beneficial ownership of 1,464,669 shares, as reported in a Form 4 filed November 4, 2026.