AMD (NASDAQ: AMD) EVP gains shares, withholds stock for taxes

Rhea-AI Filing Summary

Advanced Micro Devices executive Philip Guido exercised performance stock units and received 44,964 shares of common stock on March 1, 2026. These units were granted June 15, 2023 and vested based on performance. He then disposed of 16,964 shares at $200.21 per share to cover withholding taxes, leaving him with 78,498 directly owned AMD shares.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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^*

GUIDO PHILIP

(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 & Chief Commercial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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	03/01/2026		M		44,964	A	$0	95,462	D
Common Stock	03/01/2026		F		16,964(1)	D	$200.21	78,498	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
Performance Stock Units	(2)	03/01/2026		M			44,964	(3)	(3)	Common Stock	44,964	$0	0	D

Explanation of Responses:

1. Reflects shares withheld to satisfy the Reporting Person's withholding tax liability arising in connection with the vesting and settlement of performance-based restricted stock units ("PRSU").

2. Each PRSU represents a contingent right to receive one share of AMD's common stock.

3. Reflects shares issued in settlement of PRSUs earned and vested under PRSU award granted on June 15, 2023.

Remarks:

	/s/Linda Lam by Power of Attorney for Philip Guido	03/02/2026
	** 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.
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FAQ

What insider transactions did AMD executive Philip Guido report on this Form 4?

Philip Guido reported exercising performance stock units into 44,964 AMD common shares, then disposing of 16,964 shares to cover withholding taxes. After these transactions on March 1, 2026, he directly owned 78,498 shares of Advanced Micro Devices common stock.

Did the AMD Form 4 filing show Philip Guido buying or selling AMD shares on the open market?

The filing shows no open-market buy or sell. It reports a derivative exercise converting performance stock units into 44,964 AMD shares and a 16,964-share disposition specifically to satisfy withholding tax obligations related to the vesting and settlement of those performance-based restricted stock units.

How many AMD shares did Philip Guido acquire and retain from his performance stock units?

He acquired 44,964 AMD common shares through the exercise and settlement of performance stock units that vested from a June 15, 2023 award. After using 16,964 shares to cover taxes, he held 78,498 AMD common shares directly following the reported transactions.

At what price were AMD shares used to cover Philip Guido’s tax withholding?

The shares used to cover tax withholding were valued at $200.21 per AMD share. A total of 16,964 common shares were disposed of at that price to satisfy the reporting person’s withholding tax liability tied to the vesting of performance-based restricted stock units.

What are performance stock units (PRSUs) in the context of AMD’s Form 4 for Philip Guido?

In this filing, each performance stock unit represents a contingent right to receive one share of AMD common stock. The reported PRSUs were earned and vested under an award granted June 15, 2023, and then settled in 44,964 AMD shares upon vesting and satisfaction of performance conditions.

How did Philip Guido’s direct ownership in AMD change after these Form 4 transactions?

Following the exercise of performance stock units into AMD shares and the tax-withholding share disposition, Philip Guido’s direct ownership stood at 78,498 AMD common shares. The filing lists this number as the total directly owned after the March 1, 2026 transactions were completed.