AMD CTO Papermaster reports RSU vesting, tax withholding
ADVANCED MICRO DEVICES INC reports that Chief Technology Officer & EVP Mark D. Papermaster had multiple restricted stock unit (RSU) tranches vest on August 9, 2026, converting an aggregate 12,633 RSUs into the same number of shares of common stock.
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Rhea-AI Filing Summary
ADVANCED MICRO DEVICES INC reports that Chief Technology Officer & EVP Mark D. Papermaster had multiple restricted stock unit (RSU) tranches vest on August 9, 2026, converting an aggregate 12,633 RSUs into the same number of shares of common stock. In connection with this release, 4,973 shares of common stock were withheld to satisfy tax withholding obligations at a per-share value of $483.36. The RSUs relate to three separate grants with scheduled vesting in equal annual installments on August 9 of various years. The filing also reports indirect holdings of 206,606 shares of common stock in each of two GRATs named for Mark D Papermaster and Kathryn M Papermaster.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 5,431 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F4 | 3,964 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F5 | 3,238 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,633 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 4,973 | $483.36 | $2.40M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release of restricted stock units ("RSU").
- F2. Each RSU represents a contingent right to receive one share of AMD's common stock.
- F3. The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.
- F4. The RSUs vest 1/4 on each of August 9, 2024, 2025, 2026 and 2027.
- F5. The RSUs vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.
Key Figures
Key Terms
Restricted Stock Units financial
Grantor Retained Annuity Trust (GRAT) financial
tax withholding obligations financial
Exercise or conversion of derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AMD’s Mark D. Papermaster report on this Form 4?
How many AMD (AMD) restricted stock units vested for Mark Papermaster and into what did they convert?
What are the vesting schedules of the AMD (AMD) RSU grants reported for Mark Papermaster?
Were Mark Papermaster’s AMD (AMD) transactions reported as part of a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.