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AMD (NASDAQ: AMD) data chief sells shares under 10b5-1 plan

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Form Type
4

Rhea-AI Filing Summary

ADVANCED MICRO DEVICES INC (AMD) reported that executive vice president and GM, Data Center Solutions Group, Forrest Eugene Norrod exercised stock options for 7,261 shares of common stock on August 24, 2026 at an exercise price of $84.85 per share, converting a derivative position into common shares. Following this transaction, the related option holding was reduced to 14,523 options. On the same date, he sold a total of 17,261 shares of AMD common stock in multiple transactions at weighted average prices generally between the low $450s and high $460s per share. Both the option exercise and the share sales were effected pursuant to a Rule 10b5-1 trading plan adopted on May 20, 2026.

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Insider Norrod Forrest Eugene
Role EVP & GM DSG
Sold 17,261 shs ($7.94M)
Approx. gross sale proceeds $7.94M
Approx. exercise cost $616K
Type Security Shares Price Value
Exercise Stock Option Grant F15 7,261 $0.00 $0.00
Exercise Common Stock F1 7,261 $84.85 $616K
Sale Common Stock F2, F3 942 $453.26 $427K
Sale Common Stock F2, F4 1,182 $454.18 $537K
Sale Common Stock F2, F5 2,125 $455.62 $968K
Sale Common Stock F2, F6 2,312 $456.49 $1.06M
Sale Common Stock F2, F7 1,904 $457.44 $871K
Sale Common Stock F2, F8 400 $458.26 $183K
Sale Common Stock F2, F9 1,630 $459.68 $749K
Sale Common Stock F2, F10 1,500 $460.64 $691K
Sale Common Stock F2, F11 301 $462.59 $139K
Sale Common Stock F2, F12 321 $464.27 $149K
Sale Common Stock F2, F13 1,455 $465.43 $677K
Sale Common Stock F2, F14 600 $466.26 $280K
Sale Common Stock F2 2,589 $468.14 $1.21M
Holdings After Transaction: Stock Option Grant — 14,523 shares (Direct); Common Stock — 373,317 shares (Direct)
Footnotes (15)
  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 $452.85 to $453.80 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 $453.90 to $454.64 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 $455.01 to $455.98 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 $456.02 to $457.00 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 $457.05 to $458.00 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 $458.06 to $458.64 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 $459.22 to $460.19 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 $460.28 to $461.25 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. Transaction executed in multiple trades at prices ranging from $462.41 to $462.79 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.
  12. F12. Transaction executed in multiple trades at prices ranging from $463.79 to $464.38 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.
  13. F13. Transaction executed in multiple trades at prices ranging from $464.83 to $465.77 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.
  14. F14. Transaction executed in multiple trades at prices ranging from $466.00 to $466.56 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.
  15. F15. The options vest 1/3 on each of August 9, 2021, 2022 and 2023.
Stock options exercised 7,261 shares Options on AMD common stock exercised on August 24, 2026
Exercise price $84.85 per share Exercise price for 7,261 AMD stock options
Options remaining from grant 14,523 options Total stock options following the option exercise transaction
Shares sold 17,261 shares Total AMD common shares sold in multiple trades on August 24, 2026
Lowest reported price range $452.85–$453.80 per share Price band for one group of AMD share sales (footnote F3)
Highest reported price range $466.00–$466.56 per share Price band for one group of AMD share sales (footnote F14)
10b5-1 plan adoption date May 20, 2026 Adoption date of the Rule 10b5-1 trading plan governing these trades
Option expiration date August 9, 2027 Expiration date of the exercised stock option grant
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
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.
derivative security financial
"transaction code description: 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.
weighted average sale price financial
"The price reported in column 4 above reflects the weighted average sale price"
stock option exercises financial
"The stock option exercises reported in this Form 4 were effected pursuant"
multiple trades financial
"Transaction executed in multiple trades at prices ranging from"

FAQ

What did AMD executive Forrest Norrod report in this Form 4 for AMD stock?

Forrest Eugene Norrod reported exercising 7,261 stock options for AMD common stock at an exercise price of $84.85 per share and selling 17,261 shares of AMD common stock in multiple transactions on August 24, 2026.

How many AMD shares did Forrest Norrod sell according to this Form 4?

The Form 4 reports that Forrest Eugene Norrod sold a total of 17,261 shares of AMD common stock in a series of open-market or private transactions on August 24, 2026.

At what prices were Forrest Norrod’s AMD share sales executed?

The sales were executed at weighted average prices generally in the $452.85–$468.14 per-share range, with specific trades grouped in narrower ranges such as $452.85–$453.80, $453.90–$454.64, and other bands cited in the footnotes.

What stock options did Forrest Norrod exercise for AMD, and at what price?

He exercised 7,261 stock options for AMD common stock at an exercise price of $84.85 per share. These options were part of a grant that vests in three equal installments on August 9, 2021, 2022 and 2023, and they expire on August 9, 2027.

Was Forrest Norrod’s AMD trading done under a Rule 10b5-1 plan?

Yes. Both the stock option exercises and the share sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Forrest Eugene Norrod on May 20, 2026, as stated in the footnotes and affirmed by the plan checkbox.

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Learn about SEC filing dates
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)
08/24/2026
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 Stock08/24/2026M7,261(1)A$84.85390,578D
Common Stock08/24/2026S942(2)D$453.26(3)389,636D
Common Stock08/24/2026S1,182(2)D$454.18(4)388,454D
Common Stock08/24/2026S2,125(2)D$455.62(5)386,329D
Common Stock08/24/2026S2,312(2)D$456.49(6)384,017D
Common Stock08/24/2026S1,904(2)D$457.44(7)382,113D
Common Stock08/24/2026S400(2)D$458.26(8)381,713D
Common Stock08/24/2026S1,630(2)D$459.68(9)380,083D
Common Stock08/24/2026S1,500(2)D$460.64(10)378,583D
Common Stock08/24/2026S301(2)D$462.59(11)378,282D
Common Stock08/24/2026S321(2)D$464.27(12)377,961D
Common Stock08/24/2026S1,455(2)D$465.43(13)376,506D
Common Stock08/24/2026S600(2)D$466.26(14)375,906D
Common Stock08/24/2026S2,589(2)D$468.14373,317D
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$84.8508/24/2026M7,261 (15)08/09/2027Common Stock7,261$014,523D
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 $452.85 to $453.80 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 $453.90 to $454.64 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 $455.01 to $455.98 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 $456.02 to $457.00 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 $457.05 to $458.00 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 $458.06 to $458.64 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 $459.22 to $460.19 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 $460.28 to $461.25 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. Transaction executed in multiple trades at prices ranging from $462.41 to $462.79 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.
12. Transaction executed in multiple trades at prices ranging from $463.79 to $464.38 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.
13. Transaction executed in multiple trades at prices ranging from $464.83 to $465.77 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.
14. Transaction executed in multiple trades at prices ranging from $466.00 to $466.56 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.
15. The options vest 1/3 on each of August 9, 2021, 2022 and 2023.
Remarks:
/s/Forrest Eugene Norrod08/25/2026
** 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)