secwatch.observer — SEC 8-K summary
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Issuer:     INTEL CORP (INTC)
CIK:        0000050863
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0000050863-25-000024
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intel sets compensation for Intel Products CEO Holthaus: $1M base, $16M LTI target, $5M one-time RSU
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- Annual base salary increased to $1,000,000 effective Jan 1, 2025; bonus target 200% of base.
- Annual long-term incentive equity target ~$16M, mix of RSUs and PSUs over 3 years.
- One-time promotion RSU award of ~$5M, vesting equally over 3 years.
- Enhanced severance: eligible for benefits if resigns for good reason within 2 years of new Intel CEO.
- CEO of Intel Products appointment effective Dec 1, 2024; compensation formalized Feb 28, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/50863/000005086325000024/0000050863-25-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/50863/000005086325000024/intc-20250228.htm
  HTML page:      https://secwatch.observer/filing/0000050863-25-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer