According to a Form 4 filing disclosed by the SEC on November 5, Intel CEO Lip-Bu Tan purchased 150,000 shares of common stock on November 2 through a family trust at a weighted average price of $64.7312 per share, totaling approximately $9.71 million. The shares were acquired across multiple transactions with prices ranging from $64.705 to $64.735.
Following the purchase, the family trust's Intel holdings increased to 1.4647 million shares. This marks Tan's second significant personal buyback since August, when he acquired approximately 105,000 shares at an average price of $95 per share for roughly $10 million.