ADVANCED MICRO DEVICES INC 4

Forrest Eugene Norrod, EVP & GM DSG of AMD, had PSUs/RSUs vest into AMD common stock with shares withheld for taxes and received new PRSU and RSU awards, resulting in 383,317 shares held directly.

On August 15, 2026, Forrest Eugene Norrod, EVP & GM DSG of Advanced Micro Devices, Inc. (AMD), had a series of equity compensation-related transactions: previously granted performance stock units (PSUs/PRSUs) and restricted stock units (RSUs) vested and were converted into AMD common stock via code M transactions, and a portion of the newly delivered shares was withheld (code F) at approximately $514.39 per share to cover tax obligations. Specifically, 88,332 common shares were issued upon the vesting and settlement of 85,887 PSUs and 2,445 RSUs, after which 33,797 shares plus an additional 963 shares were withheld for taxes, implying gross delivery of 121,892 shares and net increase in directly held shares. Concurrently, Norrod received new long-term equity awards of 9,484 PRSUs and 6,322 RSUs, both structured to vest over future multi‑year periods based on time and, for PRSUs, AMD’s relative stock performance and EPS growth, leaving him with 383,317 directly held common shares after the tax withholdings and settlements. These activities represent routine equity vesting, tax withholding, and new incentive grants rather than open‑market purchases or discretionary sales.

Filing Facts

CIK

2488

Ticker

AMD

Form

4

Source Type

sec

Accession

0000002488-26-000159

Alert Tier

7