AMD (NASDAQ: AMD) sets Jack Huynh stock awards on 2028 EPS, returns
Rhea-AI Filing Summary
ADVANCED MICRO DEVICES INC (AMD) reported equity compensation activity for executive Jack M. Huynh, SVP & GM, Computing & Graphics. On August 15, 2026, previously granted performance stock units (PRSUs) and restricted stock units (RSUs) covering 54,686 shares of common stock were settled into AMD common stock. Of these, 20,798 shares related to PRSUs and 722 shares related to RSUs were withheld, at Mr. Huynh’s election, to satisfy tax withholding obligations, at a per-share value of $514.39. On the same date, he received new awards of 7,705 PRSUs and 5,137 RSUs. The new PRSUs may be earned between 0% and 250% of target based on AMD’s relative and absolute stock returns and growth in 2028 non-GAAP EPS versus 2026, with earned PRSUs generally settling after August 15, 2029. The new RSUs vest over multi-year schedules through 2029 and 2030, subject to continued service.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 33,166 shares
Net Buy
7 txns
Insider
HUYNH JACK M
Role
SVP & GM, Computing & Graphics
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units F3, F4 | 52,852 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F5, F6 | 1,834 | $0.00 | $0.00 |
| Grant/Award | PRSU Award F7, F8 | 7,705 | $0.00 | $0.00 |
| Grant/Award | RSU Award F5, F9 | 5,137 | $0.00 | $0.00 |
| Exercise | Common Stock | 54,686 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 20,798 | $514.39 | $10.70M |
| Tax Withholding | Common Stock F2 | 722 | $514.39 | $371K |
Holdings After Transaction:
Performance Stock Units — 0 shares (Direct);
Restricted Stock Units — 5,500 shares (Direct);
PRSU Award — 7,705 shares (Direct);
RSU Award — 5,137 shares (Direct);
Common Stock — 497,507 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 August 9, 2023.
- 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: 52,852 shares
RSUs settled: 1,834 shares
Common shares from settlements: 54,686 shares
+5 more
8 metrics
PRSUs settled
52,852 shares
Performance stock units settled into common stock on August 15, 2026
RSUs settled
1,834 shares
Restricted stock units settled into common stock on August 15, 2026
Common shares from settlements
54,686 shares
Total AMD common stock issued upon PRSU and RSU settlement
Shares withheld for PRSU taxes
20,798 shares
Common stock withheld to satisfy tax obligations on PRSU settlement at $514.39 per share
Shares withheld for RSU taxes
722 shares
Common stock withheld to satisfy tax obligations on RSU release at $514.39 per share
Tax withholding share value
$514.39 per share
Per-share value used for shares withheld for tax obligations
New PRSU Award
7,705 units
New performance stock unit award granted August 15, 2026, each for one share
New RSU Award
5,137 units
New restricted stock unit award granted August 15, 2026, each for one share
Key Terms
Performance Stock Units, Restricted Stock Units, change of control, S&P 500 Index, +1 more
5 terms
Performance Stock Units financial
"Each PRSU represents a contingent right to receive one share of AMD's common stock."
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
"Each RSU represents a contingent right to receive one share of AMD's common stock."
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 of AMD)"
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.
S&P 500 Index financial
"relative to the return of each of the component companies comprising the S&P 500 Index"
The S&P 500 Index is a broad measure of the U.S. stock market made up of 500 large companies chosen to represent many industries; think of it as a market-wide scoreboard that shows how big, established American companies are performing. Investors use it as a benchmark to judge fund and portfolio performance, to build low-cost index funds, and to gauge overall market and economic trends much like checking a thermometer for the market’s temperature.
FAQ
What equity awards for AMD executive Jack M. Huynh were settled on August 15, 2026?
On August 15, 2026, Jack M. Huynh had 52,852 PRSUs and 1,834 RSUs settle into an aggregate of 54,686 shares of AMD common stock, reflecting previously earned performance and time-based equity awards.
What new PRSU award did AMD grant to Jack Huynh on August 15, 2026?
AMD granted Jack Huynh a new PRSU Award for 7,705 units, each representing one share of common stock. Between 0% and 250% of this target may be earned based on stock-return metrics and growth in 2028 non-GAAP EPS versus 2026.
What new RSU award did AMD (AMD) grant to Jack Huynh and how does it vest?
AMD granted Jack Huynh 5,137 RSUs, each representing one share of common stock. The RSUs vest 1/4 on August 15, 2027 and then quarterly thereafter until August 15, 2030, subject to continued employment or service.
Over what period are Jack Huynh’s new AMD PRSUs measured and settled?
The new PRSUs have a performance period beginning August 15, 2026 and ending August 15, 2029, or earlier upon certain change-of-control timing. Earned and vested PRSUs are generally settled after August 15, 2029, following committee performance determination.
What performance metrics determine Jack Huynh’s AMD PRSU payout levels?
Payouts on the 7,705 PRSUs depend on AMD’s stock return relative to S&P 500 components, AMD’s absolute stock return, and the extent to which 2028 non-GAAP EPS exceeds 2026 non-GAAP EPS, subject to committee determination.
AI-generated analysis. How Rhea-AI works. Not financial advice.
