AMD (NASDAQ: AMD) CFO Hu settles 101K shares, receives new stock awards
Rhea-AI Filing Summary
ADVANCED MICRO DEVICES INC (AMD) reported equity compensation activity for EVP, CFO and Treasurer Jean X. Hu. On August 15, 2026, 99,100 performance stock units and 2,598 restricted stock units were settled into 101,698 shares of common stock. Of these, 40,019 shares were withheld at $514.39 per share to satisfy tax withholding obligations related to PRSU and RSU releases. Hu also received new awards of 10,669 performance-based PRSUs (0–250% of target earnable based on multi-year stock price and earnings metrics through August 15, 2029) and 7,113 RSUs with vesting schedules extending to 2030. Following these transactions, Hu holds 7,793 RSUs directly and 19,243 shares of common stock indirectly through a Grantor Retained Annuity Trust.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units F3, F4 | 99,100 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F5, F6 | 2,598 | $0.00 | $0.00 |
| Grant/Award | PRSU Award F7, F8 | 10,669 | $0.00 | $0.00 |
| Grant/Award | RSU Award F5, F9 | 7,113 | $0.00 | $0.00 |
| Exercise | Common Stock | 101,698 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 38,996 | $514.39 | $20.06M |
| Tax Withholding | Common Stock F2 | 1,023 | $514.39 | $526K |
| holding | Common Stock | -- | -- | -- |
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 performance-based 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
Key Terms
performance-based restricted stock units ("PRSU") financial
Restricted Stock Units financial
Grantor Retained Annuity Trust financial
FAQ
What equity awards did AMD (AMD) CFO Jean X. Hu receive on August 15, 2026?
What are the performance conditions for Jean X. Hu’s new AMD (AMD) PRSU award?
What is the vesting schedule for Jean X. Hu’s new AMD (AMD) RSU awards?
What AMD (AMD) holdings does Jean X. Hu report through a Grantor Retained Annuity Trust?
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