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AMD (AMD) EVP & CSO logs RSU conversion and tax withholding of 2,652 shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ADVANCED MICRO DEVICES INC executive Paul Darren Grasby, EVP & CSO, reported RSU vesting and related share movements on August 9, 2026. A total of 5,640 shares of common stock were acquired through the conversion of restricted stock units, and 2,652 shares were withheld at $483.36 per share to satisfy tax withholding obligations. The underlying RSU awards vest in four annual installments on August 9 of 2023–2026 for one grant and 2025–2028 for another.

Positive

  • None.

Negative

  • None.
Insider GRASBY PAUL DARREN
Role EVP & CSO
Type Security Shares Price Value
Exercise Restricted Stock Units F2, F3 4,345 $0.00 $0.00
Exercise Restricted Stock Units F2, F4 1,295 $0.00 $0.00
Exercise Common Stock 5,640 $0.00 $0.00
Tax Withholding Common Stock F1 2,652 $483.36 $1.28M
Holdings After Transaction: Restricted Stock Units — 2,591 shares (Direct); Common Stock — 108,210 shares (Direct)
Footnotes (4)
  1. F1. 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").
  2. F2. Each RSU represents a contingent right to receive one share of AMD's common stock.
  3. F3. The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.
  4. F4. The RSUs vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.
Common shares acquired via RSU conversion 5,640 shares Common stock reported as acquired on August 9, 2026 from RSU conversion
Shares withheld for taxes 2,652 shares Common stock withheld at the reporting person’s election to satisfy tax withholding
Withholding price per share $483.36 per share Per-share value used for shares withheld for tax obligations
RSUs converted (grant 1) 4,345 RSUs Restricted stock units disposed of upon vesting on August 9, 2026
RSUs converted (grant 2) 1,295 RSUs Restricted stock units disposed of upon vesting on August 9, 2026
First RSU vesting schedule 1/4 each year 2023–2026 RSUs vest 1/4 on August 9, 2023, 2024, 2025 and 2026
Second RSU vesting schedule 1/4 each year 2025–2028 RSUs vest 1/4 on August 9, 2025, 2026, 2027 and 2028
Restricted Stock Units financial
"The shares are withheld ... in connection with the release of restricted stock units"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share"
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the release of RSU"
vest financial
"The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

What did AMD (AMD) EVP & CSO Paul Darren Grasby report in this Form 4?

Paul Darren Grasby reported 5,640 AMD common shares acquired on August 9, 2026 via the conversion of restricted stock units, with part of the resulting shares withheld to cover tax obligations tied to vesting RSUs.

How many AMD (AMD) shares were withheld for taxes in this filing?

The filing shows 2,652 shares of AMD common stock were withheld at $483.36 per share to satisfy tax withholding obligations arising from the release of restricted stock units on August 9, 2026.

What RSU vesting schedules are disclosed for AMD (AMD) in this Form 4?

One RSU grant vests 1/4 each on August 9 of 2023, 2024, 2025 and 2026. A second RSU grant vests 1/4 each on August 9 of 2025, 2026, 2027 and 2028, each RSU representing one share of AMD common stock.

What does each RSU represent in the AMD (AMD) executive’s award?

Each restricted stock unit reported for AMD represents a contingent right to receive one share of AMD’s common stock, meaning shares are delivered only as the RSUs vest under the disclosed schedules.

Was the AMD (AMD) executive’s Form 4 transaction a market sale or a tax withholding event?

The Form 4 states shares were withheld at the executive’s election to satisfy tax withholding obligations tied to RSU vesting, rather than a discretionary open-market sale of AMD shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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).
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*
GRASBY PAUL DARREN

(Last)(First)(Middle)
2485 AUGUSTINE DRIVE

(Street)
SANTA CLARA CALIFORNIA 95054

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ADVANCED MICRO DEVICES INC [ AMD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & CSO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/09/2026M5,640A$0110,862D
Common Stock08/09/2026F2,652(1)D$483.36108,210D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)08/09/2026M4,345 (3) (3)Common Stock4,345$00D
Restricted Stock Units(2)08/09/2026M1,295 (4) (4)Common Stock1,295$02,591D
Explanation of Responses:
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").
2. Each RSU represents a contingent right to receive one share of AMD's common stock.
3. The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.
4. The RSUs vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.
Remarks:
/s/ Paul Darren Grasby08/10/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)