AMD (AMD) EVP & CSO logs RSU conversion and tax withholding of 2,652 shares
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 Trade Summary
Net Buyer: 2,988 shares
Net Buy
4 txns
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)
- 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").
- F2. Each RSU represents a contingent right to receive one share of AMD's common stock.
- F3. The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.
- F4. The RSUs vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.
Key Figures
Common shares acquired via RSU conversion: 5,640 shares
Shares withheld for taxes: 2,652 shares
Withholding price per share: $483.36 per share
+4 more
7 metrics
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
Key Terms
Restricted Stock Units, contingent right, tax withholding obligations, vest
4 terms
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.
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.
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