AMD (NASDAQ: AMD) exec Hahn logs 23,747-share vesting, gets new stock grants
Rhea-AI Filing Summary
ADVANCED MICRO DEVICES INC (AMD) reported Form 4 activity for executive Ava Hahn. On August 15, 2026, 22,677 performance stock units and 1,070 restricted stock units were settled into 23,747 shares of common stock. To satisfy tax withholding on these releases, 11,244 PRSU-related shares and 531 RSU-related shares were withheld at a price of $514.39 per share. Hahn also received new equity awards: 4,742 PRSUs, which may earn between 0% and 250% of target based on stock-price and non‑GAAP EPS performance over a period from August 15, 2026 to August 15, 2029, and 3,161 RSUs that vest between 2027 and 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11,972 shares
Net Buy
7 txns
Insider
Hahn Ava
Role
SVP, GC & Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units F3, F4 | 22,677 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F5, F6 | 1,070 | $0.00 | $0.00 |
| Grant/Award | PRSU Award F7, F8 | 4,742 | $0.00 | $0.00 |
| Grant/Award | RSU Award F5, F9 | 3,161 | $0.00 | $0.00 |
| Exercise | Common Stock | 23,747 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 11,244 | $514.39 | $5.78M |
| Tax Withholding | Common Stock F2 | 531 | $514.39 | $273K |
Holdings After Transaction:
Performance Stock Units — 0 shares (Direct);
Restricted Stock Units — 3,208 shares (Direct);
PRSU Award — 4,742 shares (Direct);
RSU Award — 3,161 shares (Direct);
Common Stock — 29,616 shares (Direct)
Footnotes (9)
- F1. The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release and settlement of performance-based restricted stock units ("PRSU").
- F2. 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").
- F3. Each PRSU represents a contingent right to receive one share of AMD's common stock.
- F4. Reflects shares issued in settlement of PRSUs earned and vested under PRSU award granted on February 15, 2024.
- F5. Each RSU represents a contingent right to receive one share of AMD's common stock.
- F6. The RSUs vest 1/4 on August 15, 2026 and then quarterly thereafter until August 15, 2029.
- F7. Between 0% and 250% of the target number of PRSUs may be earned depending on (a) the return on AMD's stock price relative to the return of each of the component companies comprising the S&P 500 Index, subject to adjustments, over the performance period that begins August 15, 2026 and ends on August 15, 2029 (or, if earlier, the date immediately preceding the effective date of a change of control of AMD), (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2028 fiscal year non-GAAP earnings per share exceeds AMDs 2026 fiscal year non-GAAP earnings per share. Vesting of any earned PRSUs is generally subject to the Reporting Person's continued employment and/or service with AMD through August 15, 2029 (or the one-year anniversary of a change in control, if earlier).
- F8. The actual number of PRSUs that may be earned, if at all, will be determined by the Compensation and Leadership Resources Committee (the "Committee") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 7, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2029, or the date following the Committee's determination of performance.
- F9. The RSUs vest 1/4 on August 15, 2027 and then quarterly thereafter until August 15, 2030.
Key Figures
PRSUs settled: 22,677 shares
RSUs settled: 1,070 shares
Common shares acquired from settlements: 23,747 shares
+5 more
8 metrics
PRSUs settled
22,677 shares
Performance stock units settled into AMD common stock on August 15, 2026
RSUs settled
1,070 shares
Restricted stock units settled into AMD common stock on August 15, 2026
Common shares acquired from settlements
23,747 shares
Common stock acquired via derivative settlement (code M) on August 15, 2026
Shares withheld for PRSU taxes
11,244 shares
Common stock withheld to satisfy tax obligations on PRSU settlement
Shares withheld for RSU taxes
531 shares
Common stock withheld to satisfy tax obligations on RSU release
Tax withholding price
$514.39 per share
Price used for shares withheld for tax obligations (code F transactions)
New PRSU award target
4,742 units
PRSU award tied to AMD common stock, granted August 15, 2026
New RSU award
3,161 units
RSU award tied to AMD common stock, granted August 15, 2026
Key Terms
Performance Stock Units, Restricted Stock Units, non-GAAP earnings per share, change of control, +1 more
5 terms
Performance Stock Units financial
"The shares are withheld ... in connection with the release and settlement of performance-based restricted stock units"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
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.
change of control financial
"ends on August 15, 2029 (or, if earlier, the date immediately preceding the effective date of a change of control"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
performance period financial
"over the performance period that begins August 15, 2026 and ends on August 15, 2029"
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
FAQ
What equity awards were settled for AMD executive Ava Hahn in this Form 4 for AMD?
Ava Hahn had 22,677 PRSUs and 1,070 RSUs settled into AMD common stock on August 15, 2026. These derivative awards converted into 23,747 shares of AMD common stock as part of routine compensation-related vesting.
What new PRSU award did Ava Hahn receive from AMD according to this Form 4?
Ava Hahn received a new 4,742-share PRSU award tied to AMD common stock. Between 0% and 250% of this target may be earned based on relative stock performance and non‑GAAP EPS over a performance period from 2026 to 2029.
What new RSU award did Ava Hahn receive from AMD in this filing?
The filing shows a new 3,161-share RSU award for Ava Hahn. These RSUs vest 25% on August 15, 2027, then quarterly until August 15, 2030, subject to continued employment or service with AMD.
How is performance measured for Ava Hahn’s AMD PRSU award mentioned in this Form 4?
The PRSU award’s 0–250% payout depends on AMD’s stock return versus S&P 500 components, AMD’s absolute stock return, and growth in 2028 non‑GAAP EPS over 2026, with vesting generally by August 15, 2029.
Were Ava Hahn’s AMD transactions made under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5‑1 checkbox is not affirmed. Footnotes describe settlements, vesting, and tax withholding, but do not state that these transactions occurred under a pre‑arranged trading plan.
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