---
schema_version: "secwatch.filing_event.v1"
accession: "0000050863-24-000033"
form_type: "8-K"
ticker: "INTC"
cik: "0000050863"
company_name: "INTEL CORP"
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:29:24.121736+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Intel adopts policy requiring stockholder vote for executive cash severance over 2.99x base salary plus bonus

## Summary
- Policy adopted Feb. 15, 2024; applies to new employment/severance agreements with executive officers.
- Cash severance benefits capped at 2.99x base salary plus target annual bonus without stockholder ratification.
- Excludes equity awards, legal settlements, perquisites, deferred comp, earned bonuses, accrued pay, and expense reimbursements.
- Executive officers defined as Section 16 officers under Rule 16a-1(f).

## SEC filing metadata
- accession: 0000050863-24-000033
- form_type: 8-K
- ticker: INTC
- cik: 0000050863
- company_name: INTEL CORP
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50863/000005086324000033/0000050863-24-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50863/000005086324000033/intc-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000050863-24-000033
- JSON: https://secwatch.observer/filing/0000050863-24-000033.json
- Plain text: https://secwatch.observer/filing/0000050863-24-000033.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.