INTEL CORP (INTC) reported total compensation of $92.99 million for Chief Executive Officer and Director Lip-Bu Tan in fiscal 2025, according to the Summary Compensation Table in the company's latest filed proxy statement. That total covers salary, bonus, stock and option awards and all other compensation.

Against that, the open-market record is empty. Lip-Bu Tan has made no open-market purchase of Intel stock in our Form 4 record. That is ordinary rather than suspicious: most chief executives are paid in stock and never buy more, because the shares arrive as grants rather than through a brokerage account.

The composition matters more than the headline number. Base salary was $746,200 for the fiscal 2025 pay year. Everything above that came from the other components of the Summary Compensation Table, which are dominated by equity awards valued at grant rather than cash paid out.

Lip-Bu Tan has held the chief executive job since March 18th, 2025, so fiscal 2025 covers a partial first stretch in the role rather than a settled run rate. Grant-date values in a first year often reflect inducement and make-whole awards tied to hiring, and those values are recorded whether or not the awards ever vest.

Shareholders have had a strong run over the same window. Intel stock has returned 291.01% since he took the job, and the company now carries a market capitalization of $535,746,740,224. That return is measured from the start date of his tenure and says nothing about what any individual award was eventually worth to him.

Form 4 code P is the only category that counts as an open-market buy in our data. Awards, vesting events and option exercises are not purchases, and they are not treated as purchases here no matter how large the share counts attached to them. On that test, the record for this chief executive is blank.

What this does not show is worth stating plainly. Compensation is not a verdict on performance, and a nine-figure pay total is not evidence of either value creation or value destruction on its own. An award is not a purchase, and the absence of a purchase is not a signal of doubt: an executive who already holds a large grant-funded position has little obvious reason to add shares with cash, and many are restricted by trading windows and holding requirements from doing so casually.

Equally, the absence of buying removes one piece of evidence that investors sometimes look for. When a chief executive does step into the market with their own money, the filing shows it. Here there is nothing to show.

Sources: the company's proxy statement and SEC Form 4 filings via EDGAR, reviewed by InsiderBuying.com.

See the full record for INTEL CORP (INTC) → insiderbuying.com/companies/INTC