AMD (NASDAQ: AMD) CTO Papermaster sells 3,293 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Advanced Micro Devices Inc. Chief Technology Officer & EVP Mark D. Papermaster sold 3,293 shares of AMD common stock. The open-market sale took place on April 6, 2026 at a price of $225 per share, according to a Form 4 filing.
After this transaction, Papermaster directly holds 1,294,466 shares of AMD common stock. He also reported indirect ownership through trusts, including 206,606 shares held by "Mark D Papermaster AMD GRAT #1." The filing notes the sale was executed under a Rule 10b5-1 trading plan adopted on November 14, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,293 shares ($740,925)
Net Sell
3 txns
Insider
Papermaster Mark D
Role
Chief Technology Officer & EVP
Sold
3,293 shs ($741K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,293 | $225.00 | $741K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,294,466 shares (Direct);
Common Stock — 206,606 shares (Indirect, Mark D Papermaster AMD GRAT #1)
Footnotes (1)
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Key Figures
Shares sold: 3,293 shares
Sale price per share: $225 per share
Direct holdings after transaction: 1,294,466 shares
+3 more
6 metrics
Shares sold
3,293 shares
Open-market sale of AMD common stock on April 6, 2026
Sale price per share
$225 per share
Price for 3,293 AMD shares sold on April 6, 2026
Direct holdings after transaction
1,294,466 shares
AMD common stock directly held by Mark Papermaster after sale
Indirect trust holding
206,606 shares
Shares held by "Mark D Papermaster AMD GRAT #1"
Rule 10b5-1 plan adoption date
November 14, 2025
Trading plan governing the reported sale
Transaction date
April 6, 2026
Date of open-market sale reported on Form 4
Key Terms
Rule 10b5-1 trading plan, open-market sale, indirect ownership, GRAT
4 terms
Rule 10b5-1 trading plan regulatory
"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."
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.
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.
indirect ownership financial
"ownership_type: "indirect", nature_of_ownership: "Mark D Papermaster AMD GRAT #1""
GRAT financial
"nature_of_ownership: "Mark D Papermaster AMD GRAT #1""
FAQ
What insider transaction did AMD CTO Mark Papermaster report on this Form 4?
Mark D. Papermaster reported selling 3,293 shares of AMD common stock. The shares were sold in an open-market transaction at $225 per share, as disclosed in the Form 4 insider filing for Advanced Micro Devices (AMD).
What role does Mark Papermaster hold at Advanced Micro Devices (AMD)?
Mark D. Papermaster serves as Chief Technology Officer & Executive Vice President at Advanced Micro Devices. His senior leadership position makes his Form 4 insider transactions, such as the 3,293-share sale at $225, particularly notable to AMD shareholders.