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AMD exec Norrod sells 17,261 shares under plan

AMD’s data center executive exercised stock options and sold 17,261 AMD shares under a pre-arranged Rule 10b5-1 trading plan.

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Form Type
4

Rhea-AI Filing Summary

ADVANCED MICRO DEVICES INC (AMD) reported that executive vice president and general manager of its Data Center Solutions Group, Forrest Eugene Norrod, exercised options and sold shares of common stock on September 15, 2026. He exercised options on 7,261 shares at an exercise price of $84.85 per share, receiving the same number of AMD common shares. On the same date he sold an aggregate of 17,261 shares of AMD common stock in a series of transactions at weighted average prices ranging from about $498.30 to $506.88 per share. The filing states that both the option exercises and the sales were made under a Rule 10b5-1 trading plan adopted on May 20, 2026, and that 7,262 options remain outstanding and unexercised from the reported option grant, which is scheduled to expire on August 9, 2027.

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Insider Norrod Forrest Eugene
Role EVP & GM DSG
Sold 17,261 shs ($8.68M)
Approx. gross sale proceeds $8.68M
Approx. exercise cost $616K
Type Security Shares Price Value
Exercise Stock Option Grant F11 7,261 $0.00 $0.00
Exercise Common Stock F1 7,261 $84.85 $616K
Sale Common Stock F2, F3 757 $498.30 $377K
Sale Common Stock F2 100 $498.98 $50K
Sale Common Stock F2, F4 1,017 $500.67 $509K
Sale Common Stock F2, F5 1,655 $501.70 $830K
Sale Common Stock F2, F6 5,878 $502.45 $2.95M
Sale Common Stock F2, F7 4,604 $504.00 $2.32M
Sale Common Stock F2, F8 2,225 $505.12 $1.12M
Sale Common Stock F2, F9 726 $505.90 $367K
Sale Common Stock F2, F10 299 $506.88 $152K
Holdings After Transaction: Stock Option Grant — 7,262 contracts (Direct); Common Stock — 363,317 shares (Direct)
Footnotes (11)
  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 May 20, 2026.
  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 May 20, 2026.
  3. F3. Transaction executed in multiple trades at prices ranging from $497.98 to $498.96 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 $500.12 to $501.09 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 $501.15 to $502.12 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. Transaction executed in multiple trades at prices ranging from $502.25 to $503.15 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.
  7. F7. Transaction executed in multiple trades at prices ranging from $503.47 to $504.45 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.
  8. F8. Transaction executed in multiple trades at prices ranging from $504.48 to $505.42 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.
  9. F9. Transaction executed in multiple trades at prices ranging from $505.51 to $506.15 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.
  10. F10. Transaction executed in multiple trades at prices ranging from $506.80 to $506.92 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.
  11. F11. The options vest 1/3 on each of August 9, 2021, 2022 and 2023.
Shares acquired through option exercise 7,261 shares Options exercised into AMD common stock on September 15, 2026
Option exercise price $84.85 per share Exercise price for 7,261 options exercised on September 15, 2026
Total shares sold 17,261 shares AMD common stock sales on September 15, 2026
Lowest reported weighted average sale price $498.30 per share One of the reported sale prices for AMD shares on September 15, 2026
Highest reported weighted average sale price $506.88 per share One of the reported sale prices for AMD shares on September 15, 2026
Remaining options from reported grant 7,262 options Outstanding after the reported option exercise
Option expiration date August 9, 2027 Scheduled expiration for the stock options referenced in the Form 4
Rule 10b5-1 plan adoption date May 20, 2026 Date the trading plan governing the exercises and sales was adopted
Rule 10b5-1 trading plan regulatory
"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 May 20, 2026."
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.
weighted average sale price financial
"The price reported in column 4 above reflects the weighted average sale price per share."
stock option exercises financial
"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 May 20, 2026."
multiple trades financial
"Transaction executed in multiple trades at prices ranging from $497.98 to $498.96 per share, inclusive."

FAQ

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

What insider transactions did AMD executive Forrest Norrod report in this Form 4 for AMD?
He reported exercising options on 7,261 AMD shares at an exercise price of $84.85 per share and selling 17,261 AMD common shares in multiple transactions on September 15, 2026.

At what prices were the AMD (AMD) shares sold in Forrest Norrod’s September 15, 2026 transactions?
He sold AMD common stock at weighted average prices ranging from about $498.30 to $506.88 per share, with each sale executed in multiple individual trades within the specific price ranges described in the Form 4 footnotes.

Were Forrest Norrod’s AMD (AMD) trades made under a Rule 10b5-1 plan?
Yes. The Form 4 states that both the stock option exercises and the sales of AMD common stock on September 15, 2026 were effected pursuant to a Rule 10b5-1 trading plan adopted by him on May 20, 2026.

How many AMD (AMD) options did Forrest Norrod have remaining after the reported exercise?
After exercising options on 7,261 shares, the Form 4 reports that 7,262 options from the same grant remained outstanding and unexercised as of the reported transaction date.

What were the key terms of the AMD (AMD) stock options exercised by Forrest Norrod?
The options covered 7,261 shares of AMD common stock, had an exercise price of $84.85 per share, were scheduled to expire on August 9, 2027, and vested in three equal installments on August 9, 2021, 2022, and 2023.

What role does Forrest Norrod hold at AMD (AMD) according to this Form 4?
He is identified as an executive vice president and general manager of the Data Center Solutions Group, and he is an officer of ADVANCED MICRO DEVICES INC.

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

Form 4 Insider Transactions: What Each Field Means →
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SEC Form 4
FORM 4UNITED 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 CALIFORNIA 95054
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
ADVANCED MICRO DEVICES INC [ AMD ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & GM DSG
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/15/2026M7,261(1)A$84.85380,578D
Common Stock09/15/2026S757(2)D$498.3(3)379,821D
Common Stock09/15/2026S100(2)D$498.98379,721D
Common Stock09/15/2026S1,017(2)D$500.67(4)378,704D
Common Stock09/15/2026S1,655(2)D$501.7(5)377,049D
Common Stock09/15/2026S5,878(2)D$502.45(6)371,171D
Common Stock09/15/2026S4,604(2)D$504(7)366,567D
Common Stock09/15/2026S2,225(2)D$505.12(8)364,342D
Common Stock09/15/2026S726(2)D$505.9(9)363,616D
Common Stock09/15/2026S299(2)D$506.88(10)363,317D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option Grant$84.8509/15/2026M7,261 (11)08/09/2027Common Stock7,261$07,262D
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 May 20, 2026.
2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 20, 2026.
3. Transaction executed in multiple trades at prices ranging from $497.98 to $498.96 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 $500.12 to $501.09 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 $501.15 to $502.12 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. Transaction executed in multiple trades at prices ranging from $502.25 to $503.15 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.
7. Transaction executed in multiple trades at prices ranging from $503.47 to $504.45 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.
8. Transaction executed in multiple trades at prices ranging from $504.48 to $505.42 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.
9. Transaction executed in multiple trades at prices ranging from $505.51 to $506.15 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.
10. Transaction executed in multiple trades at prices ranging from $506.80 to $506.92 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.
11. The options vest 1/3 on each of August 9, 2021, 2022 and 2023.
Remarks:
/s/Forrest Eugene Norrod09/16/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

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