Were Mark Papermaster’s AMD (AMD) share sales under a Rule 10b5-1 plan?

Yes. The Form 4 states that the sales were effected under a Rule 10b5-1 trading plan. The footnote explains this plan was adopted by Mark D. Papermaster on November 14, 2025, indicating the transactions were pre-arranged rather than discretionary trades.

AMD CTO Papermaster (NASDAQ: AMD) sells 31,320 shares under 10b5-1 plan

Q: What indirect AMD (AMD) holdings related to Mark Papermaster are shown in the Form 4?

The Form 4 lists two indirect AMD common stock positions of 206,606 shares each. These are held through "Kathryn M Papermaster AMD GRAT #1" and "Mark D Papermaster AMD GRAT #1," both reported as indirect ownership positions in AMD common stock alongside his direct holdings.

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

ADVANCED MICRO DEVICES INC Chief Technology Officer & EVP Mark D. Papermaster reported an open-market sale of 31,320 shares of AMD common stock. The sale, coded "S" on the Form 4, was executed at a price of $350.00 per share on April 24, 2026.

After this transaction, Papermaster directly held 1,236,037 AMD common shares. The filing also lists indirect holdings of 206,606 shares under "Kathryn M Papermaster AMD GRAT #1" and 206,606 shares under "Mark D Papermaster AMD GRAT #1." The sales were effected under a Rule 10b5-1 trading plan adopted on November 14, 2025.

Insider Trade Summary 10b5-1

Net Seller: 31,320 shares ($10,962,000)

Net Sell 3 txns

Insider Papermaster Mark D

Role Chief Technology Officer & EVP

Sold 31,320 shs ($10.96M)

Type	Security	Shares	Price	Value
Sale	Common Stock	31,320	$350.00	$10.96M
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,236,037 shares (Direct, null); Common Stock — 206,606 shares (Indirect, Mark D Papermaster AMD GRAT #1)

Footnotes (1)

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Key Figures

Shares sold: 31,320 shares Sale price per share: $350.00 per share Direct holdings after sale: 1,236,037 shares +4 more

7 metrics

Shares sold 31,320 shares Open-market sale of AMD common stock on April 24, 2026

Sale price per share $350.00 per share Price for the 31,320 AMD common shares sold

Direct holdings after sale 1,236,037 shares AMD common stock directly held by Mark D. Papermaster after the transaction

Indirect holdings – Kathryn M Papermaster AMD GRAT #1 206,606 shares AMD common shares held indirectly through a GRAT structure

Indirect holdings – Mark D Papermaster AMD GRAT #1 206,606 shares Additional AMD common shares held indirectly through a second GRAT

Transaction code S Sale in open market or private transaction for the common stock trade

Trading plan adoption date November 14, 2025 Date Mark D. Papermaster adopted the Rule 10b5-1 trading plan

Key Terms

Form 4, Rule 10b5-1 trading plan, grantor retained annuity trust (GRAT), open-market sale

4 terms

Form 4 regulatory

"The sales reported in this Form 4 were effected pursuant"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Rule 10b5-1 trading plan regulatory

"were effected pursuant to a Rule 10b5-1 trading plan adopted"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

grantor retained annuity trust (GRAT) financial

"nature_of_ownership":"Kathryn M Papermaster AMD GRAT #1"

open-market sale financial

"transaction_action":"open-market sale","transaction_code_description""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 Insider Transactions: What Each Field Means →

04/28/2026 - 04:12 PM

SEC Form 4

FORM 4

UNITED 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^*

Papermaster Mark D

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Technology Officer & EVP

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/24/2026		S		31,320⁽¹⁾	D	$350	1,236,037	D
Common Stock								206,606	I	Mark D Papermaster AMD GRAT #1
Common Stock								206,606	I	Kathryn M Papermaster AMD GRAT #1

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 14, 2025.

Remarks:

	/s/ Linda Lam By Power of Attorney for Mark Papermaster	04/28/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

How many AMD (AMD) shares did Mark Papermaster sell in this Form 4?

Mark D. Papermaster reported selling 31,320 shares of AMD common stock. The Form 4 classifies this as an open-market sale coded "S," executed at $350.00 per share on April 24, 2026, while leaving him with over one million directly held shares.

At what price were the AMD (AMD) shares sold by Mark Papermaster?

The reported AMD share sale by Mark D. Papermaster was executed at $350.00 per share. This price applies to the 31,320 common shares sold in an open-market transaction on April 24, 2026, as reflected in the Form 4 filing.

How many AMD (AMD) shares does Mark Papermaster hold after the reported sale?

Following the reported sale, Mark D. Papermaster directly held 1,236,037 AMD common shares. The Form 4 also shows separate indirect holdings of 206,606 shares each in two grantor retained annuity trusts labeled "Kathryn M Papermaster AMD GRAT #1" and "Mark D Papermaster AMD GRAT #1."

What type of transaction is reported for AMD (AMD) CTO Mark Papermaster?

The filing reports an open-market sale of AMD common stock by CTO and EVP Mark D. Papermaster. Labeled with transaction code "S," it covers 31,320 shares at $350.00 per share on April 24, 2026, with updated post-transaction holdings disclosed.