Advanced Micro Devices (AMD) CFO Jean Hu converts RSUs, withholds shares for taxes and updates GRAT holdings
Rhea-AI Filing Summary
ADVANCED MICRO DEVICES INC executive Jean X. Hu reported equity award activity on August 9, 2026. Two tranches of Restricted Stock Units totaling 5,893 units (3,303 and 2,590) were exercised/converted into common stock. Of the resulting common shares, 2,320 shares were delivered or withheld at $483.36 per share to satisfy tax withholding obligations tied to the RSU release. Footnotes state that RSUs vest in annual quarters from August 2024 through August 2028 and that separate annuity distributions from the Hu 2025 GRAT-1 trust affected ownership, with 19,243 shares held indirectly by that GRAT after a 5,757-share distribution.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,573 shares
Net Buy
5 txns
Insider
Hu Jean X.
Role
EVP, CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F4, F5 | 3,303 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F4, F6 | 2,590 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 5,893 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 2,320 | $483.36 | $1.12M |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 8,486 shares (Direct);
Common Stock — 114,300 shares (Direct);
Common Stock — 19,243 shares (Indirect, By Grantor Retained Annuity Trust Hu 2025 GRAT-1)
Footnotes (6)
- F1. Includes 5,757 shares distributed to the Reporting Person on March 11, 2026, as an annuity distribution from Grantor Retained Annuity Trust Hu 2025 GRAT-1.
- F2. 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").
- F3. On March 11, 2026, 5,757 shares were distributed to the Reporting Person as an annuity distribution from Grantor Retained Annuity Trust Hu 2025 GRAT-1.
- F4. Each RSU represents a contingent right to receive one share of AMD's common stock.
- F5. The RSUs vest 1/4 on each of August 9, 2024, 2025, 2026 and 2027.
- F6. The RSUs vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.
Key Figures
RSUs converted: 5,893 shares
RSU tranche 1: 3,303 units
RSU tranche 2: 2,590 units
+4 more
7 metrics
RSUs converted
5,893 shares
Total Restricted Stock Units (3,303 and 2,590) exercised/converted into AMD common stock on August 9, 2026
RSU tranche 1
3,303 units
First RSU tranche representing contingent rights to AMD common stock, exercised/converted on August 9, 2026
RSU tranche 2
2,590 units
Second RSU tranche representing contingent rights to AMD common stock, exercised/converted on August 9, 2026
Shares withheld for taxes
2,320 shares
AMD common shares delivered or withheld to satisfy tax withholding obligations on RSU release
Tax withholding price
$483.36 per share
Per-share value used for AMD shares delivered or withheld to cover RSU tax obligations
Indirect GRAT holdings
19,243 shares
AMD common shares held indirectly by Grantor Retained Annuity Trust Hu 2025 GRAT-1 after a 5,757-share distribution
GRAT annuity distribution
5,757 shares
AMD shares distributed to Jean X. Hu on March 11, 2026 as annuity from Hu 2025 GRAT-1
Key Terms
Restricted Stock Units, Grantor Retained Annuity Trust, tax withholding obligations, annuity distribution
4 terms
Restricted Stock Units financial
"The RSUs vest 1/4 on each of August 9, 2024, 2025, 2026 and 2027."
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.
Grantor Retained Annuity Trust financial
"as an annuity distribution from Grantor Retained Annuity Trust Hu 2025 GRAT-1."
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the release of restricted stock units"
annuity distribution financial
"shares were distributed to the Reporting Person as an annuity distribution from Grantor Retained Annuity Trust"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did AMD EVP & CFO Jean X. Hu report on this Form 4?
Jean X. Hu reported the exercise/conversion of 5,893 Restricted Stock Units into common stock, and a related withholding of 2,320 shares of AMD common stock to satisfy tax obligations tied to the RSU release.
How many AMD (AMD) RSUs did Jean X. Hu have vest or convert?
On August 9, 2026, RSU awards covering 5,893 units vested or converted, in two tranches of 3,303 and 2,590 Restricted Stock Units, each representing a contingent right to receive one share of AMD common stock.
How do Jean X. Hu’s AMD RSUs vest according to this Form 4?
Footnotes state one RSU grant vests 1/4 on each of August 9, 2024, 2025, 2026 and 2027, and another vests 1/4 on each of August 9, 2025, 2026, 2027 and 2028, assuming continued service or other plan conditions.
Was Jean X. Hu’s AMD Form 4 filed under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes do not describe any pre-arranged trading plan in connection with these RSU-related transactions and tax-withholding share deliveries.