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[Form 4] ADVANCED MICRO DEVICES INC Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Forrest Eugene Norrod, identified as an officer (EVP & GM DESG) of Advanced Micro Devices, reported a sale of company stock on 09/24/2025. The Form 4 shows he disposed of 2,250 shares of AMD common stock at a price of $165.01 per share, leaving him with 311,598 shares beneficially owned following the transaction. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted on June 6, 2025.

The Form is signed by Mr. Norrod on 09/25/2025 and lists his address in Santa Clara, CA. No derivative transactions, amendments, or additional compensatory details are provided in this submission.

Positive

  • Sale documented under a Rule 10b5-1 plan, indicating pre-established trading intent
  • Complete disclosure of transaction details including price ($165.01), date (09/24/2025), and post-transaction holdings (311,598 shares)
  • Form signed and dated (09/25/2025), meeting filing formalities

Negative

  • Insider disposition of 2,250 shares reduces the reporting person's direct holdings
  • No information provided about whether this sale represents a material portion relative to total outstanding company shares

Insights

TL;DR: Officer sold a small portion of holdings under a pre-established 10b5-1 plan; disclosure is routine and compliant.

The sale of 2,250 shares at $165.01 under a Rule 10b5-1 plan is a standard mechanism for insiders to liquidate holdings without implicating contemporaneous material nonpublic information. The residual position of 311,598 shares remains substantial in absolute terms but the filing does not indicate changes to compensation, option exercises, or derivative activity. From a reporting and compliance perspective, the filing is complete and clearly notes the trading-plan adoption date.

TL;DR: Disclosure is transparent and includes required Rule 10b5-1 attribution; no governance red flags in this Form 4.

The Form 4 identifies the reporting person, relationship to the issuer, transaction details, and the 10b5-1 plan adoption date, which aligns with best practices for insider trading transparency. The absence of amendments or derivative activity simplifies the interpretation. The filing does not present any information suggesting timing issues or noncompliance.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Norrod Forrest Eugene

(Last) (First) (Middle)
2485 AUGUSTINE DRIVE

(Street)
SANTA CLARA CA 95054

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ADVANCED MICRO DEVICES INC [ AMD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & GM DESG
3. Date of Earliest Transaction (Month/Day/Year)
09/24/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/24/2025 S 2,250(1) D $165.01 311,598 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 6, 2025.
Remarks:
/s/Forrest Eugene Norrod 09/25/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Forrest Norrod report on the Form 4 for AMD?

The Form 4 reports a sale of 2,250 AMD shares on 09/24/2025 at $165.01 per share, leaving 311,598 shares beneficially owned.

Was the sale by the AMD officer part of a pre-arranged plan?

Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted on June 6, 2025.

What is the reporting person's role at AMD?

The reporting person is identified as an Officer with the title EVP & GM DESG in the Form 4.

Does the Form 4 show any derivative transactions for Norrod?

No. Table II for derivative securities contains no entries in this filing.

When was the Form 4 signed and filed?

The document is signed by Forrest Eugene Norrod on 09/25/2025.
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SANTA CLARA