Advanced Micro Devices (AMD) EVP converts RSUs, withholds shares for tax

Rhea-AI Filing Summary

Advanced Micro Devices EVP & CSO Paul Darren Grasby reported equity award activity involving restricted stock units (RSUs) and related tax withholding. On February 15, 2026, he exercised or converted 7,084 RSUs, acquiring 7,084 shares of common stock at a stated price of $0.00 per share.

In a related transaction on the same date, 3,330 shares of common stock were disposed of at $207.32 per share to satisfy tax withholding obligations in connection with the RSU release, rather than through an open-market sale. After these transactions, he directly held 137,098 shares of AMD common stock and 14,169 RSUs. Each RSU represents a contingent right to receive one common share and vests in three equal installments on February 15, 2026, 2027, and 2028.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GRASBY PAUL DARREN

(Last) (First) (Middle)

2485 AUGUSTINE DRIVE

(Street)

SANTA CLARA CA 95054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ADVANCED MICRO DEVICES INC [ AMD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CSO

3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/15/2026		M		7,084	A	$0	140,428	D
Common Stock	02/15/2026		F		3,330(1)	D	$207.32	137,098	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	02/15/2026		M			7,084	(3)	(3)	Common Stock	7,084	$0	14,169	D

Explanation of Responses:

1. 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").

2. Each RSU represents a contingent right to receive one share of AMD's common stock.

3. The RSUs vest 1/3 on each of February 15, 2026, 2027 and 2028.

Remarks:

	/s/ Paul Darren Grasby	02/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did AMD executive Paul Darren Grasby report on February 15, 2026?

Paul Darren Grasby reported exercising 7,084 restricted stock units into 7,084 AMD common shares. On the same date, 3,330 common shares were disposed of at $207.32 per share to cover tax withholding obligations arising from the RSU release, rather than via an open-market sale.

How many AMD shares and RSUs does Paul Darren Grasby hold after these Form 4 transactions?

Following the reported transactions, Paul Darren Grasby directly holds 137,098 shares of AMD common stock and 14,169 restricted stock units. These positions reflect the RSU conversion into 7,084 shares and the 3,330-share tax-withholding disposition recorded on February 15, 2026.

What is the nature of the 3,330 AMD shares disposed of at $207.32 by Paul Darren Grasby?

The 3,330 AMD common shares disposed of at $207.32 were withheld to satisfy tax withholding obligations tied to the release of restricted stock units. This tax-withholding disposition is coded “F” and is distinct from a discretionary open-market sale transaction.

How do Paul Darren Grasby’s AMD restricted stock units vest according to the filing?

The filing states that Paul Darren Grasby’s restricted stock units vest in three equal installments. Specifically, one-third of the RSUs vest on each of February 15, 2026, February 15, 2027, and February 15, 2028, subject to the terms of AMD’s award arrangements.

What does each restricted stock unit represent in Paul Darren Grasby’s AMD equity awards?

Each restricted stock unit in Paul Darren Grasby’s AMD equity awards represents a contingent right to receive one share of AMD common stock. The units convert into shares upon vesting, as reflected by the 7,084 RSUs exercised into an equal number of common shares on February 15, 2026.

What role does Paul Darren Grasby hold at Advanced Micro Devices in this Form 4 filing?

In this Form 4, Paul Darren Grasby is identified as an officer of Advanced Micro Devices with the title EVP & CSO. The reported transactions relate to his equity compensation, including restricted stock units and associated tax-withholding share dispositions.