[144] ADVANCED MICRO DEVICES INC SEC Filing

Rhea-AI Filing Summary

Advanced Micro Devices, Inc. (AMD) Form 144 shows proposed sale of 16,800 common shares to be executed through Morgan Stanley Smith Barney on 09/15/2025 with an aggregate market value of $2,674,551.60. The filing reports these shares were acquired on 09/15/2025 via a stock option exercise and paid in cash. The same person, identified in prior sales as Mark Papermaster, sold 16,800 shares on 08/15/2025 for gross proceeds of $2,992,254.72 and 17,998 shares on 07/15/2025 for $2,790,190.34. The filer certifies no undisclosed material nonpublic information and the notice includes the standard Rule 144 attestation.

Positive

• Required disclosure made under Rule 144, showing regulatory compliance
• Transaction details provided: acquisition method (stock option exercise), payment method (cash), broker, and dates

Negative

• Insider sales are sizable in absolute terms: $2,674,551.60 planned sale on 09/15/2025 following recent July and August dispositions
• Repeated recent sales by the same person (07/15/2025 and 08/15/2025) could increase share supply to the market

Insights

Securities Analyst

TL;DR: Insider reported routine option exercise and planned sale totaling 16,800 shares (~$2.67M) on 09/15/2025, following prior July/August sales.

The filing documents a common pattern: an executive exercised stock options and intends to sell the resulting shares through a broker. The aggregate market value reported is $2,674,551.60 for 16,800 shares. Prior reported sales by the same named seller—16,800 and 17,998 shares in August and July—show recent, repeated dispositions. This is a disclosure of planned Rule 144 sales rather than new corporate operational information. Materiality to shareholders is limited given AMD's large outstanding share base (1,622,843,689 shares reported), but the reported proceeds are sizeable in absolute terms and may attract attention from market participants tracking insider activity.

Corporate Governance Expert

TL;DR: Filing indicates compliance with Rule 144 and includes attestation of no undisclosed material information; transactions appear procedural.

The notice includes the required certification that the seller is not aware of material nonpublic information. The entry shows acquisition via stock option exercise and immediate planned sale, a common liquidity event for insiders. Because the filing is routine and contains no operational or governance changes, its governance impact is neutral; it does, however, provide transparency on insider liquidity and potential share supply into the market.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	16800	2674551.60	1622843689	09/15/2025	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	09/15/2025	Stock Option Exercise	ISSUER			16800	09/15/2025	Cash

* 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
MARK PAPERMASTER 2485 Augustine Drive Santa Clara CA 95054	Common	08/15/2025	16800	2992254.72
MARK PAPERMASTER 2485 Augustine Drive Santa Clara CA 95054	Common	07/15/2025	17998	2790190.34

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does AMD Form 144 filed for 09/15/2025 disclose?

The filing discloses a proposed sale of 16,800 AMD common shares valued at $2,674,551.60, acquired by stock option exercise on 09/15/2025 and to be sold through Morgan Stanley Smith Barney.

Who is listed as the seller in the AMD Form 144?

The filing names Mark Papermaster as the seller in prior sales entries and shows recent sales associated with that individual.

Were there recent related share sales before this Form 144?

Yes. The filing reports prior sales of 16,800 shares on 08/15/2025 for $2,992,254.72 and 17,998 shares on 07/15/2025 for $2,790,190.34.

How were the shares being sold acquired?

The 16,800 shares to be sold were acquired on 09/15/2025 via a stock option exercise and paid for in cash.

Which broker is handling the proposed sale?

The broker listed for the proposed sale is Morgan Stanley Smith Barney LLC, with the transaction noted to occur on the NASDAQ.