AMD (AMD) director receives 872-share RSU award with one-year cliff vesting
Rhea-AI Filing Summary
GREGOIRE MICHAEL P reported acquisition or exercise transactions in this Form 4 filing.
ADVANCED MICRO DEVICES INC director Michael P. Gregoire received a grant of 872 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of AMD common stock. The award vests 100% on the first anniversary of the grant date, aligning his compensation with future company performance.
Gregoire elected to defer issuance of the shares underlying this 2026 RSU award under a deferral election agreement. After this grant, he is reported as holding 872 RSUs directly, reinforcing equity-based, long-term incentive alignment rather than an immediate cash or stock payout.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant to AMD director, fully vesting after one year.
Director Michael P. Gregoire was awarded 872 RSUs, each tied to one share of AMD common stock. This is a standard equity compensation mechanism to align board members with shareholder interests over time rather than a market purchase or sale.
The RSUs vest 100% on the first anniversary of the grant, concentrating value realization at that date. Gregoire elected to defer issuance of the underlying shares via a deferral election agreement, turning this into a longer-term holding tool. There are no open-market trades or option exercises in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RSU Award | 872 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMD's common stock. Reporting person elects to defer issuance of shares of 2026 RSU Award pursuant to a deferral election agreement. This RSU award vests 100% on the first anniversary of the date of grant.