AMD executive Forrest Eugene Norrod sells 17,262 shares
The options vested one-third on each of August 9, 2021, August 9, 2022, and August 9, 2023.
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Rhea-AI Filing Summary
Forrest Eugene Norrod, AMD's EVP & GM DSG, exercised options for 7,262 common shares at an exercise price of $84.85 per share on October 15, 2026. He also sold 17,262 common shares that day. The exercise and sales were made under a Rule 10b5-1 trading plan adopted May 20, 2026; the options' listed expiration date is August 9, 2027.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option Grant F12 | 7,262 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 7,262 | $84.85 | $616K |
| Sale | Common Stock F2, F3 | 816 | $535.15 | $437K |
| Sale | Common Stock F2, F4 | 823 | $536.11 | $441K |
| Sale | Common Stock F2, F5 | 476 | $537.39 | $256K |
| Sale | Common Stock F2, F6 | 1,208 | $538.24 | $650K |
| Sale | Common Stock F2, F7 | 917 | $539.35 | $495K |
| Sale | Common Stock F2, F8 | 1,969 | $540.31 | $1.06M |
| Sale | Common Stock F2, F9 | 4,699 | $541.16 | $2.54M |
| Sale | Common Stock F2, F10 | 2,218 | $542.09 | $1.20M |
| Sale | Common Stock F2, F11 | 4,136 | $543.03 | $2.25M |
Footnotes (12)
- 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 $534.64 to $535.53 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 $535.65 to $536.53 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 $536.74 to $537.70 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 $537.77 to $538.69 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 $538.78 to $539.72 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 $539.86 to $540.83 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 $540.89 to $541.88 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 $541.92 to $542.50 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 $543.00 to $543.35 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. The options vest 1/3 on each of August 9, 2021, 2022 and 2023.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
stock option exercises financial
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