AMD insider Forrest Norrod reports option exercise and stock sales

Rhea-AI Filing Summary

Advanced Micro Devices (AMD) executive Forrest Eugene Norrod, EVP & GM DESG, reported insider transactions in AMD stock. On 11/19/2025 he exercised 8,200 stock options at an exercise price of $34.19 per share, receiving the same number of AMD common shares. That same day, he sold AMD common stock in several trades: 3,300 shares at $228.36, 10,188 shares at $229.21, 5,142 shares at $230.12, and 820 shares at $230.78, with sale prices reported as weighted averages over multiple trades.

All option exercises and sales were carried out under a Rule 10b5-1 trading plan adopted on June 6, 2025. After these transactions, Norrod beneficially owned 300,348 shares of AMD common stock directly and held 16,437 stock options that remain outstanding.

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).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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)
11/19/2025

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	11/19/2025		M		8,200(1)	A	$34.19	319,798	D
Common Stock	11/19/2025		S		3,300(2)	D	$228.36(3)	316,498	D
Common Stock	11/19/2025		S		10,188(2)	D	$229.21(4)	306,310	D
Common Stock	11/19/2025		S		5,142(2)	D	$230.12(5)	301,168	D
Common Stock	11/19/2025		S		820(2)	D	$230.78(6)	300,348	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
Stock Option Grant	$34.19	11/19/2025		M			8,200	(7)	08/09/2026	Common Stock	8,200	$0	16,437	D

Explanation of Responses:

1. 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 June 6, 2025.

2. 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.

3. Transaction executed in multiple trades at prices ranging from $227.66 to $228.65 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.

4. Transaction executed in multiple trades at prices ranging from $228.68 to $229.67 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.

5. Transaction executed in multiple trades at prices ranging from $229.69 to $230.68 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.

6. Transaction executed in multiple trades at prices ranging from $230.71 to $230.85 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.

7. The options vest 1/3 on each of August 9, 2020, 2021 and 2022.

Remarks:

	/s/Forrest Eugene Norrod	11/21/2025
	** 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 insider transaction did AMD executive Forrest Norrod report on this Form 4?

Forrest Eugene Norrod, an EVP & GM DESG at AMD, reported exercising 8,200 stock options and selling AMD common stock in multiple transactions on 11/19/2025.

How many AMD stock options did Forrest Norrod exercise and at what price?

He exercised 8,200 stock options for AMD common stock at an exercise price of $34.19 per share.

At what prices did Forrest Norrod sell AMD shares on 11/19/2025?

He sold AMD common stock in several weighted-average transactions: 3,300 shares at $228.36, 10,188 shares at $229.21, 5,142 shares at $230.12, and 820 shares at $230.78 per share.

How many AMD shares does Forrest Norrod own after these transactions?

Following the reported transactions, he beneficially owned 300,348 shares of AMD common stock directly.

How many AMD stock options does Forrest Norrod still hold after the Form 4 transactions?

After the option exercise and sales, he held 16,437 stock options for AMD common stock.

Were Forrest Norrod's AMD trades made under a Rule 10b5-1 trading plan?

Yes. Both the stock option exercises and the stock sales were effected pursuant to a Rule 10b5-1 trading plan adopted on June 6, 2025.

What is Forrest Norrod's relationship to AMD as reported on this Form 4?

He is reported as an officer of AMD with the title EVP & GM DESG.