AMD (NASDAQ: AMD) EVP gains shares, withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
44,964 shares exercised/converted
Mixed
3 txns
Insider
GUIDO PHILIP
Role
EVP & Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 44,964 | $0.00 | -- |
| Exercise | Common Stock | 44,964 | $0.00 | -- |
| Tax Withholding | Common Stock | 16,964 | $200.21 | $3.40M |
Holdings After Transaction:
Performance Stock Units — 0 shares (Direct);
Common Stock — 95,462 shares (Direct)
Footnotes (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"). Each PRSU represents a contingent right to receive one share of AMD's common stock. Reflects shares issued in settlement of PRSUs earned and vested under PRSU award granted on June 15, 2023.
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.
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.