AMD CTO Papermaster sells 33,109 shares after option exercise
ADVANCED MICRO DEVICES INC Chief Technology Officer & EVP Mark Papermaster reported an option exercise and pre-planned share sales.
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Form Type
4
Rhea-AI Filing Summary
ADVANCED MICRO DEVICES INC Chief Technology Officer & EVP Mark Papermaster reported an option exercise and pre-planned share sales. He exercised stock options for 6,000 shares of Common Stock at $84.85 per share, then sold 6,000 shares at $255.54 and 27,109 shares at $275.00 in open-market transactions.
All option exercises and sales were carried out under a Rule 10b5-1 trading plan adopted on November 14, 2025. After these transactions, he holds 1,267,357 shares of Common Stock directly, plus 206,606 shares held indirectly through GRAT entities.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Papermaster Mark D
Role
Chief Technology Officer & EVP
Sold
33,109 shs ($8.99M)
Approx. gross sale proceeds
$8.99M
Approx. exercise cost
$509K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 27,109 | $275.00 | $7.45M |
| Exercise | Stock Option Grant | 6,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,000 | $84.85 | $509K |
| Sale | Common Stock | 6,000 | $255.54 | $1.53M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option Grant — 25,369 contracts (Direct);
Common Stock — 1,267,357 shares (Direct);
Common Stock — 206,606 shares (Indirect, Mark D Papermaster AMD GRAT #1);
Common Stock — 206,606 shares (Indirect, Kathryn M Papermaster AMD GRAT #1)
Footnotes (3)
- F1. The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2025.
- F2. 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.
- F3. The options vest 1/3 on each of August 9, 2021, 2022 and 2023.
Key Figures
Shares sold total: 33,109 shares
Sale price (larger block): $275.00/share
Sale price (same-day block): $255.54/share
+5 more
8 metrics
Shares sold total
33,109 shares
Open-market sales of AMD Common Stock
Sale price (larger block)
$275.00/share
27,109 AMD shares sold on April 16, 2026
Sale price (same-day block)
$255.54/share
6,000 AMD shares sold on April 15, 2026
Option exercise price
$84.85/share
6,000 AMD stock options exercised
Direct holdings after trades
1,267,357 shares
AMD Common Stock held directly post-transaction
Indirect GRAT holdings
206,606 shares
AMD Common Stock held via AMD GRAT #1 entities
Options exercised
6,000 shares
Stock Option Grant converted into Common Stock
Option expiration date
August 9, 2027
Expiration for exercised Stock Option Grant
Key Terms
Rule 10b5-1 trading plan, stock option exercises, derivative security, grantor retained annuity trust, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The stock option exercises reported in this Form 4 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.
stock option exercises financial
"The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan..."
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grantor retained annuity trust financial
"nature_of_ownership": "Mark D Papermaster AMD 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.
open-market sale financial
"transaction_action": "open-market sale""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did AMD insider Mark Papermaster report in this Form 4 filing?
Mark Papermaster reported an option exercise and open-market sales of AMD Common Stock. He exercised 6,000 options at $84.85 and sold 33,109 shares at prices up to $275.00, all under a Rule 10b5-1 trading plan.
What stock options did Mark Papermaster exercise in AMD (AMD)?
He exercised stock options covering 6,000 shares of AMD Common Stock. The options had an exercise price of $84.85 per share and were originally scheduled to vest in three equal installments on August 9, 2021, 2022, and 2023.
Were Mark Papermaster’s AMD (AMD) trades under a Rule 10b5-1 plan?
Yes. The filing states that both the stock option exercises and the related share sales were effected under a Rule 10b5-1 trading plan adopted on November 14, 2025, indicating the trades were pre-arranged rather than discretionary.
What indirect AMD (AMD) holdings are shown for Mark Papermaster?
The filing lists 206,606 AMD Common Stock shares as indirect holdings. These are attributed to entities labeled “Mark D Papermaster AMD GRAT #1” and “Kathryn M Papermaster AMD GRAT #1,” which are grantor retained annuity trust structures.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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