AMD exec Forrest Norrod plans $8.7M stock sale

An AMD officer filed a Rule 144 notice to sell 17,261 shares of AMD common stock valued at about $8.7 million.

Rhea-AI Filing Summary

ADVANCED MICRO DEVICES, INC. (AMD) is the issuer of common stock that Forrest E. Norrod, an officer of the company, has notified an intent to sell under Rule 144. The planned sale covers 17,261 shares of AMD common stock through Morgan Stanley Smith Barney LLC, with an indicated aggregate market value of $8,683,128.62 as of September 15, 2026.

The notice states that 7,261 shares are tied to a stock option exercise dated September 15, 2026 and 10,000 shares relate to performance and restricted stock dated August 16, 2023. The remarks explain these securities were acquired upon the vesting of restricted stock and Performance Shares during the period from August 16, 2023 through August 15, 2025.

Key Figures

Shares planned for sale under Rule 144: 17,261 shares Aggregate market value of planned sale: $8,683,128.62 Shares from stock option exercise: 7,261 shares +3 more

6 metrics

Shares planned for sale under Rule 144 17,261 shares Common stock of ADVANCED MICRO DEVICES, INC. covered by the Form 144 notice

Aggregate market value of planned sale $8,683,128.62 Value of 17,261 AMD shares as of September 15, 2026

Shares from stock option exercise 7,261 shares Portion of the 17,261 AMD shares tied to a stock option exercise dated September 15, 2026

Performance and restricted stock shares 10,000 shares Portion of the 17,261 AMD shares from performance and restricted stock dated August 16, 2023

Recent sale during past 3 months 17,261 shares for $7,939,129.73 Sale by Forrest E. Norrod on August 24, 2026 reported in the three-month history

Vesting period for acquired shares August 16, 2023 to August 15, 2025 Period over which restricted stock and Performance Shares vested

Key Terms

Rule 144, Stock Option Exercise, Performance and Restricted Stock, restricted stock, +1 more

5 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Stock Option Exercise financial

"Common | 09/15/2026 | Stock Option Exercise | ISSUER"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Performance and Restricted Stock financial

"Common | 08/16/2023 | Performance and Restricted Stock | ISSUER"

restricted stock financial

"acquired upon the vesting of restricted stock and Performance Shares"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Performance Shares financial

"vesting of restricted stock and Performance Shares during the period"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does AMD’s Form 144 filing by Forrest E. Norrod disclose?

It discloses Forrest E. Norrod’s intent to sell 17,261 shares of ADVANCED MICRO DEVICES, INC. (AMD) common stock under Rule 144, with an aggregate market value of $8,683,128.62 as of September 15, 2026, using Morgan Stanley Smith Barney LLC as broker.

How many AMD (AMD) shares are covered by this Rule 144 notice?

The notice covers 17,261 shares of AMD common stock, including 7,261 shares from a stock option exercise dated September 15, 2026 and 10,000 shares from performance and restricted stock dated August 16, 2023.

What is the indicated value of the AMD shares Forrest E. Norrod plans to sell?

The filing lists an aggregate market value of $8,683,128.62 for the 17,261 AMD shares subject to the planned Rule 144 sale, based on market data as of September 15, 2026.

What types of AMD equity awards are involved in this Form 144 filing?

The securities to be sold include shares acquired via stock option exercise and via performance and restricted stock. The filing notes they were acquired upon vesting of restricted stock and Performance Shares between August 16, 2023 and August 15, 2025.

Which broker is handling the planned AMD share sale under Rule 144?

The planned sale of AMD common stock is listed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, as the broker for the Rule 144 transaction.

Has Forrest E. Norrod sold AMD (AMD) shares recently before this notice?

Yes. The filing reports a prior sale of 17,261 AMD common shares on August 24, 2026 with aggregate proceeds of $7,939,129.73 during the three months preceding the notice.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/15/2026 - 04:22 PM Accepted by SEC EDGAR 09/15/2026 - 04:21 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001622864
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	ADVANCED MICRO DEVICES, INC.
SEC File Number	001-07882
Address of Issuer	2485 Augustine Drive Santa Clara CALIFORNIA 95054
Phone	(408) 749-4000
Name of Person for Whose Account the Securities are To Be Sold	FORREST E NORROD
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	17261	8683128.62	1632475042	09/15/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/15/2026	Stock Option Exercise	ISSUER			7261	09/15/2026	Cash
Common	08/16/2023	Performance and Restricted Stock	ISSUER			10000	08/16/2023	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
FORREST E NORROD 2485 Augustine Drive Santa Clara CA 95054	Common	08/24/2026	17261	7939129.73

144: Remarks and Signature

Remarks	The securities to be sold were acquired upon the vesting of restricted stock and Performance Shares during the period of 08/16/2023 through 8/15/2025
Date of Notice	09/15/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	05/20/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Forrest Eugene Norrod
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)