Advanced Micro Devices (AMD) EVP exercises RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Advanced Micro Devices executive Philip Guido reported routine equity compensation activity. On June 15, 2026, he exercised restricted stock units covering 7,495 shares of AMD common stock, converting them into issued shares.
To cover related tax withholding obligations, 2,950 shares of common stock were withheld rather than sold on the open market. After these transactions, Guido directly holds 83,043 shares of AMD common stock. The filing describes this as payment of tax liability by delivering securities, not an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,495 shares exercised/converted
Mixed
3 txns
Insider
GUIDO PHILIP
Role
EVP & Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,495 | $0.00 | -- |
| Exercise | Common Stock | 7,495 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,950 | $547.26 | $1.61M |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 85,993 shares (Direct, null)
Footnotes (1)
- 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"). Each RSU represents a contingent right to receive one share of AMD's common stock. The RSUs vest 1/3 on each of June 15, 2024, 2025 and 2026.
Key Figures
RSU shares exercised: 7,495 shares
Shares withheld for tax: 2,950 shares
Shares held after transactions: 83,043 shares
+3 more
6 metrics
RSU shares exercised
7,495 shares
Common stock received from restricted stock units on June 15, 2026
Shares withheld for tax
2,950 shares
Common stock withheld to satisfy tax obligations on RSU release
Shares held after transactions
83,043 shares
Direct AMD common stock ownership following Form 4 transactions
Tax withholding reference price
$547.26 per share
Price per share used for tax-withholding disposition of 2,950 shares
Derivative exercise transactions
1 transaction, 7,495 shares
Exercise or conversion of derivative security (RSUs) into common stock
Tax withholding transactions
1 transaction, 2,950 shares
Payment of tax liability by delivering AMD common shares
Key Terms
Restricted Stock Units, tax withholding obligations, derivative security, contingent right, +1 more
5 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
"The shares are withheld ... to satisfy tax withholding obligations in connection with the release of RSU."
derivative security financial
"Transaction code M is described as an exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each RSU represents a contingent right to receive one share of AMD's common stock."
vesting financial
"The RSUs vest 1/3 on each of June 15, 2024, 2025 and 2026."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider stock transaction did AMD EVP Philip Guido report on this Form 4?
Philip Guido reported routine equity compensation activity involving restricted stock units. He exercised RSUs into 7,495 AMD common shares, then used 2,950 of those shares to satisfy tax withholding obligations, with no open-market buying or selling disclosed.
What are AMD restricted stock units (RSUs) as described in this Form 4?
The filing states each RSU represents a contingent right to receive one AMD common share. The RSUs vest in three equal installments on June 15, 2024, 2025, and 2026, and vesting triggers the conversion into shares and associated tax withholding.