Intel
CEO Pat Gelsinger a short while ago has been getting up shares of the chip large that he helms, but he has invested considerably much more for shares of recently spun-off
Mobileye
which is creating autonomous driving systems.
Gelsinger paid $2.5 million on Oct. 28 for 120,000 Mobileye (ticker: MBLY) shares at the IPO rate of $21 every, according to a submitting with the Securities and Trade Fee. Gelsinger serves as Mobileye’s chairman. He also paid out a tenth of that, $250,000, on Oct. 31 for 8,830 Intel shares (INTC), an typical cost of $28.16 every. Gelsinger now owns 96,049 Intel shares directly, and yet another 266,530 shares by trusts.
Intel
CEO Pat Gelsinger a short while ago has been getting up shares of the chip large that he helms, but he has invested considerably much more for shares of recently spun-off
Mobileye
which is creating autonomous driving systems.
Gelsinger paid $2.5 million on Oct. 28 for 120,000 Mobileye (ticker: MBLY) shares at the IPO rate of $21 every, according to a submitting with the Securities and Trade Fee. Gelsinger serves as Mobileye’s chairman. He also paid out a tenth of that, $250,000, on Oct. 31 for 8,830 Intel shares (INTC), an typical cost of $28.16 every. Gelsinger now owns 96,049 Intel shares directly, and yet another 266,530 shares by trusts.
