AMD CFO Hu settles PRSUs, withholds shares for tax
Advanced Micro Devices executive Jean X. Hu reported equity compensation activity.
Rhea-AI Filing Summary
Advanced Micro Devices executive Jean X. Hu reported equity compensation activity. On March 1, she exercised performance stock units into 131,942 shares of AMD common stock at a stated price of $0 per share, increasing her direct holdings before related tax actions.
To cover withholding taxes from the vesting and settlement of these performance-based restricted stock units, 51,920 shares of common stock were disposed of at $200.21 per share. After these transactions, Hu directly held 104,970 AMD common shares, and an additional 25,000 shares were held indirectly through the Hu 2025 GRAT-1 trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 131,942 | $0.00 | $0.00 |
| Exercise | Common Stock | 131,942 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 51,920 | $200.21 | $10.39M |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Reflects shares withheld to satisfy the Reporting Person's withholding tax liability arising in connection with the vesting and settlement of performance-based restricted stock units ("PRSU").
- F2. Each PRSU represents a contingent right to receive one share of AMD's common stock.
- F3. Reflects shares issued in settlement of PRSUs earned and vested under PRSU award granted on February 15, 2023.
FAQ
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What insider transactions did AMD EVP & CFO Jean X. Hu report on this Form 4 for AMD?
What are PRSUs in the context of Jean X. Hu’s AMD equity compensation?
Does the Form 4 show any open-market buying or selling of AMD stock by Jean X. Hu?
AI-generated analysis. How Rhea-AI works. Not financial advice.