Intel EVP and Chief Legal Officer April Miller Boise sold 40,256 Intel shares in an open-market transaction on May 1, 2026, for about $4.01 million at $99.53 per share. A sale of this size by a top executive stands out because it represents a deliberate decision to reduce personal exposure at the prevailing market price, rather than a grant, option exercise, or other company-arranged transaction. Miller Boise’s role matters because senior officers typically have broad visibility into corporate governance, legal and regulatory matters, and executive-level decision-making. While insiders can sell for many personal reasons, open-market sales are often watched more closely by retail investors than non-open-market filings because they reflect an active choice to sell shares into the market. This trade also follows another notable sale by Miller Boise earlier this year: she sold 20,000 shares on February 2, 2026, for roughly $981,000. Over the last 30 days, the only reported insider activity at Intel was this May 1 sale, and recent insider filings have otherwise skewed toward non-open-market transactions, making her repeated open-market selling a more visible data point for investors tracking insider behavior.