AMD CTO Papermaster gifts AMD stock via GRATs at Advanced Micro Devices (NASDAQ: AMD)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Advanced Micro Devices executive Mark D. Papermaster reported multiple stock gifts. On February 24, 2026, he recorded four bona fide gift transfers of AMD common stock, each for 206,606 shares, at a reported price of $0.00 per share, indicating no sale proceeds.
Two transactions involved shares held directly, while two involved indirect holdings through grantor retained annuity trusts named "Mark D Papermaster AMD GRAT #1" and "Kathryn M Papermaster AMD GRAT #1," reflecting estate or wealth-planning moves rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
826,424 shares gifted
Mixed
4 txns
Insider
Papermaster Mark D
Role
Chief Technology Officer & EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 206,606 | $0.00 | -- |
| Gift | Common Stock | 206,606 | $0.00 | -- |
| Gift | Common Stock | 206,606 | $0.00 | -- |
| Gift | Common Stock | 206,606 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,507,399 shares (Direct);
Common Stock — 206,606 shares (Indirect, Mark D Papermaster AMD GRAT #1)
Footnotes (1)
- On February 24, 2026, the Reporting Person contributed 206,606 shares of the Issuer's Common Stock to a grantor retained annuity trust for which the Reporting Person serves as sole trustee and annuitant. On February 24, 2026, the Reporting Person contributed 206,606 shares of the Issuer's Common Stock to a grantor retained annuity trust for which the Reporting Person's spouse serves as sole trustee and annuitant.
FAQ
What did AMD executive Mark Papermaster report in this Form 4 filing for AMD?
Mark D. Papermaster reported four bona fide gift transfers of AMD common stock. Each transaction involved 206,606 shares of common stock on February 24, 2026, at a reported price of $0.00 per share, indicating non-sale, estate-planning style movements rather than market transactions.
What is the role of Mark D. Papermaster at Advanced Micro Devices (AMD)?
Mark D. Papermaster is described as Chief Technology Officer & Executive Vice President at Advanced Micro Devices. This senior leadership position links him directly to AMD’s technology strategy, while the Form 4 focuses specifically on his personal and trust-related equity holdings in AMD common stock.
How many AMD stock transactions did Mark Papermaster disclose and what code was used?
The filing discloses four separate AMD common stock transactions for Mark Papermaster. Each transaction is coded “G,” meaning a bona fide gift. All four are non-derivative dispositions, reflecting transfers of ownership without sale proceeds, rather than purchases or market-based sales of AMD shares.
Were any of Mark Papermaster’s AMD stock gifts made through trusts or indirect holdings?
Yes. Two transactions involve indirect ownership through grantor retained annuity trusts: “Mark D Papermaster AMD GRAT #1” and “Kathryn M Papermaster AMD GRAT #1.” The filing notes these GRATs, indicating estate-planning structures associated with AMD common stock, separate from his directly held share positions.
Did Advanced Micro Devices receive any cash from Mark Papermaster’s reported stock gifts?
No cash consideration is indicated for these transactions. Each gift transfer shows a transaction price per share of $0.0000. This confirms the movements were bona fide gifts of AMD common stock, not sales that would generate proceeds for Mark Papermaster or for Advanced Micro Devices.
How many of Mark Papermaster’s reported AMD transactions were dispositions versus acquisitions?
All reported transactions in this Form 4 are dispositions. The summarized data show a dispose count of four, with zero buys or acquisitions. Each transaction is classified as a bona fide gift of AMD common stock rather than a purchase or award increasing his shareholdings.