Advanced Micro Devices (AMD) EVP converts RSUs, withholds 1,806 shares for tax obligations
Rhea-AI Filing Summary
ADVANCED MICRO DEVICES INC (AMD) executive Philip Guido, EVP & Chief Commercial Officer, reported equity compensation-related transactions. On August 9, 2026, a total of 4,586 restricted stock units (RSUs) were converted into an equal number of common shares as scheduled vesting events from two RSU grants. Of these shares, 1,806 common shares were withheld to satisfy tax withholding obligations in connection with the RSU releases, at a reference value of $483.36 per share, rather than sold in the open market. The remaining shares from the vested RSUs represent net shares issued to the executive. Footnotes state that each RSU represents a contingent right to receive one share of AMD common stock and that the underlying RSU grants vest in four equal annual installments on specified August 9 dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,780 shares
Net Buy
4 txns
Insider
GUIDO PHILIP
Role
EVP & Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 2,643 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F4 | 1,943 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,586 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 1,806 | $483.36 | $873K |
Holdings After Transaction:
Restricted Stock Units — 6,529 shares (Direct);
Common Stock — 85,823 shares (Direct)
Footnotes (4)
- 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, 2024, 2025, 2026 and 2027.
- F4. The RSUs vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.
Key Figures
RSUs converted to common stock: 4,586 shares
Shares withheld for taxes: 1,806 shares
Tax withholding share value: $483.36 per share
+4 more
7 metrics
RSUs converted to common stock
4,586 shares
Total restricted stock units converted into AMD common stock on August 9, 2026
Shares withheld for taxes
1,806 shares
Common shares withheld to satisfy tax withholding obligations on RSU release
Tax withholding share value
$483.36 per share
Reference value used for 1,806 shares withheld for tax obligations
First RSU block vested
2,643 RSUs
Restricted stock units converting to common stock on August 9, 2026 from 2024–2027 vesting grant
Second RSU block vested
1,943 RSUs
Restricted stock units converting to common stock on August 9, 2026 from 2025–2028 vesting grant
RSU vesting schedule 1
1/4 annually on August 9, 2024–2027
Vesting pattern for one RSU grant reported for Philip Guido
RSU vesting schedule 2
1/4 annually on August 9, 2025–2028
Vesting pattern for the second RSU grant reported for Philip Guido
Key Terms
Restricted Stock Units, tax withholding obligations, contingent right to receive one share, vest
4 terms
Restricted Stock Units financial
"The shares are withheld in connection with the release of restricted stock units ("RSU")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations."
vest financial
"The RSUs vest 1/4 on each of August 9, 2024, 2025, 2026 and 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did AMD executive Philip Guido report in this Form 4 filing?
Philip Guido reported the conversion of 4,586 RSUs into common stock and the withholding of 1,806 shares to cover tax obligations tied to those RSU vestings.
How many restricted stock units vested for the AMD EVP in this transaction?
A total of 4,586 restricted stock units, consisting of blocks of 2,643 RSUs and 1,943 RSUs, vested and were converted into AMD common stock on August 9, 2026.
How do the AMD RSUs reported by Philip Guido vest over time?
The filing notes RSU grants that vest in four equal annual installments, on August 9 of 2024–2027 for one grant and August 9 of 2025–2028 for the other, subject to ongoing service conditions.