AMD (NASDAQ: AMD) data chief sells shares under 10b5-1 plan
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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Insights
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Insider Trade Summary 10b5-1
| 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 |
Footnotes (15)
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- F15. The options vest 1/3 on each of August 9, 2021, 2022 and 2023.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
derivative security financial
weighted average sale price financial
stock option exercises financial
multiple trades financial
FAQ
What did AMD executive Forrest Norrod report in this Form 4 for AMD stock?
What stock options did Forrest Norrod exercise for AMD, and at what price?
Was Forrest Norrod’s AMD trading done under a Rule 10b5-1 plan?
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