AMD CTO Sells Thousands of Shares in a Week, Retains Billions in Stake

Advanced Micro Devices, Inc. (AMD) Chief Technology Officer and Vice President Mark D. Papermaster exercised 6,000 stock options under a pre-established Rule 10b5-1 trading plan on April 15–16, sold those shares the same day, and subsequently sold an additional 27,109 shares.

With these transactions, Papermaster monetized part of his direct holdings but still retains approximately 1.267 million AMD common shares. Based on the $275 per-share sale price on April 16, his remaining direct stake is worth about $349 million (roughly ₩470 billion).

Earlier on April 6, under the same 10b5-1 plan, he sold 3,293 AMD common shares at $225 per share. In recent weeks he has made several such partial disposals, though he continues to hold indirect interests, including shares held in trust, indicating only a portion of his total position was liquidated, as disclosed.

Meanwhile, AMD reported record 2025 results with $34.6 billion in total revenue and $16.6 billion in data center revenue. The company is accelerating its AI data center business and has set a target of $14 billion–$15 billion in AI GPU revenue for 2026. (Source: zacks.com)

Against a backdrop of rising AI chip demand on the Nasdaq, AMD’s stock reached a new 52-week high as of April 16, sustaining investor interest. (Source: marketbeat.com)

Headquartered in Santa Clara, California, AMD is a semiconductor design company supplying x86 central processing units, graphics processing units, and data center AI accelerators, competing globally with NVIDIA in the AI chip market. (Source: en.wikipedia.org)

Mark D. Papermaster, as AMD’s CTO and Vice President, is the company’s top technology executive, overseeing the roadmap and strategy for its core products, including CPUs, GPUs, and AI accelerators.