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.

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)

1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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"

weighted average sale price per share financial

"reflects the weighted average sale price per share"

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

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

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.

How many AMD (AMD) shares did Forrest Norrod sell and at what prices?

Forrest Norrod sold a total of 19,450 AMD shares on February 11, 2026, in several transactions with weighted-average sale prices of $215.12, $216.22, $217.59 and $217.72 per share, each reflecting executions within stated intraday price ranges.

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.

How many AMD (AMD) shares does Forrest Norrod hold after these trades?

After the reported option exercise and share sales, Forrest Norrod directly holds 289,098 AMD common shares. This post-transaction holding figure reflects his remaining direct ownership position as disclosed in the canonical holdings data.

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.

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Accepted by SEC EDGAR 02/13/2026 - 04:20 PM EST Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Norrod Forrest Eugene

(Last) (First) (Middle)

2485 AUGUSTINE DRIVE

(Street)

SANTA CLARA CA 95054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ADVANCED MICRO DEVICES INC [ AMD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & GM DESG

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/11/2026		M		8,200(1)	A	$34.19	308,548	D
Common Stock	02/11/2026		S		4,141(2)	D	$215.12(3)	304,407	D
Common Stock	02/11/2026		S		3,607(2)	D	$216.22(4)	300,800	D
Common Stock	02/11/2026		S		11,602(2)	D	$217.59(5)	289,198	D
Common Stock	02/11/2026		S		100(2)	D	$217.72	289,098	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option Grant	$34.19	02/11/2026		M			8,200	(6)	08/09/2026	Common Stock	8,200	$0	8,237	D

Explanation of Responses:

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

6. The options vest 1/3 on each of August 9, 2020, 2021 and 2022.

Remarks:

	/s/Forrest Eugene Norrod	02/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.