Intel CEO Lip-Bu Tan Buys $9.71 Million of Stock on the Open Market
Intel Chief Executive Officer Lip-Bu Tan reported buying 150,000 shares of the chipmaker’s common stock for $9.71 million in an open-market purchase, according to a Form 4 filed Wednesday.
The filing shows a purchase coded “P” of 150,000 shares at a weighted-average price of $64.7312 per share on Nov. 2, 2026. The cash outlay totals $9,709,680. A footnote says the shares were bought in multiple trades at prices from $64.705 to $64.735.
Tan is listed as chief executive officer and a director. The Form 4 does not mark the trade as made under a Rule 10b5-1 plan. After the purchase, he reported beneficial ownership of 1,464,669 shares, plus smaller additional holdings shown on other lines of the filing.
Open-market purchases by a sitting CEO are among the clearest insider signals retail investors track, because they put personal capital into the stock rather than receiving shares only through grants or option exercises.
By the numbers
- Shares bought: 150,000
- Weighted-average price: $64.7312
- Price range: $64.705 to $64.735
- Total value: $9,709,680
- Shares owned after (reported line): 1,464,669
Sources
- Intel Form 4 for Chief Executive Officer Lip-Bu Tan, filed Nov. 4, 2026 (accession 0000050863-26-000195)
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
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