AMD EVP Forrest Norrod sells 19,450 shares
Rhea-AI Filing Summary
Advanced Micro Devices EVP Forrest Eugene Norrod exercised stock options to acquire 8,200 shares of common stock at $34.19 per share on February 11, 2026 and the same day sold a total of 19,450 shares in multiple open-market transactions at weighted-average prices between $215.12 and $217.72 per share, all pursuant to a Rule 10b5-1 trading plan adopted on June 6, 2025. Following these transactions, he directly held 289,098 shares of AMD common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Norrod Forrest Eugene
Role
EVP & GM DESG
Sold
19,450 shs ($4.22M)
Approx. gross sale proceeds
$4.22M
Approx. exercise cost
$280K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option Grant | 8,200 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,200 | $34.19 | $280K |
| Sale | Common Stock | 4,141 | $215.12 | $891K |
| Sale | Common Stock | 3,607 | $216.22 | $780K |
| Sale | Common Stock | 11,602 | $217.59 | $2.52M |
| Sale | Common Stock | 100 | $217.72 | $22K |
Holdings After Transaction:
Stock Option Grant — 8,237 contracts (Direct);
Common Stock — 289,098 shares (Direct)
Footnotes (6)
- F1. The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2025.
- F2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 6, 2025.
- F3. Transaction executed in multiple trades at prices ranging from $214.68 to $215.67 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F4. Transaction executed in multiple trades at prices ranging from $215.68 to $216.63 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F5. Transaction executed in multiple trades at prices ranging from $216.70 to $217.68 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F6. The options vest 1/3 on each of August 9, 2020, 2021 and 2022.
Key Figures
Options Exercised: 8,200 shares
Exercise Price: $34.19 per share
Shares Sold: 19,450 shares
+5 more
8 metrics
Options Exercised
8,200 shares
Stock options exercised into AMD common stock on February 11, 2026
Exercise Price
$34.19 per share
Exercise price of stock options converted on February 11, 2026
Shares Sold
19,450 shares
Total AMD common shares sold in multiple trades on February 11, 2026
Sale Price 1
$215.12 per share
Weighted-average price for 4,141 shares sold on February 11, 2026
Sale Price 2
$216.22 per share
Weighted-average price for 3,607 shares sold on February 11, 2026
Sale Price 3
$217.59 per share
Weighted-average price for 11,602 shares sold on February 11, 2026
Post-transaction Holdings
289,098 shares
Direct AMD common stock held by Forrest Norrod after reported transactions
10b5-1 Plan Adoption Date
June 6, 2025
Date Norrod adopted the Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, stock option exercises, weighted average sale price per share, derivative security, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
stock option exercises financial
"The stock option exercises reported in this Form 4 were effected"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider activity did AMD executive Forrest Norrod report?
Forrest Eugene Norrod, an AMD executive, reported exercising 8,200 stock options at $34.19 per share and selling 19,450 common shares on February 11, 2026 in multiple trades at weighted-average prices between $215.12 and $217.72 per share.
What stock options did Forrest Norrod exercise in AMD (AMD)?
Norrod exercised 8,200 stock options for AMD common stock at an exercise price of $34.19 per share on February 11, 2026, converting them into common shares before conducting the reported open-market sales that same day.
Were Forrest Norrod’s AMD (AMD) trades under a Rule 10b5-1 plan?
Yes. Both the stock option exercises and the share sales were effected under a Rule 10b5-1 trading plan that Norrod adopted on June 6, 2025, indicating these transactions followed a pre-arranged schedule rather than discretionary market timing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
