AMD executive converts RSUs and withholds shares for tax

ADVANCED MICRO DEVICES INC EVP & GM DESG Forrest Eugene Norrod reported the vesting and conversion of restricted stock units (RSUs) into common stock.

Rhea-AI Filing Summary

ADVANCED MICRO DEVICES INC EVP & GM DESG Forrest Eugene Norrod reported the vesting and conversion of restricted stock units (RSUs) into common stock. On August 9, 2026, RSUs covering 8,605 shares of common stock were converted at no exercise price, reflecting previously granted equity awards. In connection with this RSU release, 3,387 shares of common stock were withheld to satisfy tax withholding obligations at a per-share value of $483.36. Footnotes state that each RSU represents one AMD common share and describe multi‑year vesting schedules for the RSU grants.

Insider Trade Summary

8,605 shares exercised/converted

Exercise 5 txns

Insider Norrod Forrest Eugene

Role EVP & GM DESG

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F2, F3	3,476	$0.00	$0.00
Exercise	Restricted Stock Units F2, F4	2,863	$0.00	$0.00
Exercise	Restricted Stock Units F2, F5	2,266	$0.00	$0.00
Exercise	Common Stock	8,605	$0.00	$0.00
Tax Withholding	Common Stock F1	3,387	$483.36	$1.64M

Holdings After Transaction: Restricted Stock Units — 7,397 contracts (Direct); Common Stock — 329,745 shares (Direct)

Footnotes (5)

1. F1. 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. F2. Each RSU represents a contingent right to receive one share of AMD's common stock.
3. F3. The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.
4. F4. The RSUs vest 1/4 on each of August 9, 2024, 2025, 2026 and 2027.
5. F5. The RSUs vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.

Key Figures

RSUs converted to common stock: 8,605 shares Shares withheld for taxes: 3,387 shares Per-share value for tax withholding: $483.36 per share +3 more

6 metrics

RSUs converted to common stock 8,605 shares RSU-to-common stock conversion on August 9, 2026

Shares withheld for taxes 3,387 shares Shares withheld to satisfy tax withholding obligations

Per-share value for tax withholding $483.36 per share Value used for 3,387 withheld shares

RSU tranche 1 size 3,476 RSUs RSUs vesting 1/4 annually on August 9, 2023–2026

RSU tranche 2 size 2,863 RSUs RSUs vesting 1/4 annually on August 9, 2024–2027

RSU tranche 3 size 2,266 RSUs RSUs vesting 1/4 annually on August 9, 2025–2028

Key Terms

Restricted Stock Units, tax withholding obligations, vest, contingent right

4 terms

Restricted Stock Units financial

"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"

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.

tax withholding obligations financial

"The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release"

vest financial

"The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

contingent right financial

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

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did AMD (AMD) executive Forrest Norrod report in this Form 4?

Forrest Eugene Norrod reported RSU conversions into 8,605 shares of AMD common stock on August 9, 2026, with part of the shares withheld to cover associated tax obligations.

How many AMD (AMD) RSUs were converted to common stock in this filing?

RSUs representing 8,605 shares of AMD common stock were converted on August 9, 2026. Each RSU corresponds to one share of AMD common stock, as described in the footnotes.

How many AMD (AMD) shares were withheld for taxes and at what value?

A total of 3,387 AMD common shares were withheld to satisfy tax withholding obligations, using a per‑share value of $483.36, in connection with the RSU release.

What vesting schedules apply to the AMD (AMD) RSUs in this Form 4?

The RSUs vest in four equal annual installments on August 9 of successive years, with separate grants vesting over 2023–2026, 2024–2027, and 2025–2028 as detailed in the footnotes.

Does this AMD (AMD) Form 4 show an open-market stock sale by the executive?

No. The filing reports RSU conversions to common stock and share withholding for taxes. It does not report any open‑market purchases or sales of AMD stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/11/2026 - 04:31 PM EDT Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Norrod Forrest Eugene

(Last) (First) (Middle)

2485 AUGUSTINE DRIVE

(Street)

SANTA CLARA CALIFORNIA 95054

(City) (State) (Zip)

UNITED STATES

(Country)

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 & GM DESG

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/09/2026

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

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

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

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	08/09/2026		M		8,605	A	$0	333,132	D
Common Stock	08/09/2026		F		3,387(1)	D	$483.36	329,745	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)	08/09/2026		M			3,476	(3)	(3)	Common Stock	3,476	$0	0	D
Restricted Stock Units	(2)	08/09/2026		M			2,863	(4)	(4)	Common Stock	2,863	$0	2,863	D
Restricted Stock Units	(2)	08/09/2026		M			2,266	(5)	(5)	Common Stock	2,266	$0	4,534	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 1/4 on each of August 9, 2023, 2024, 2025 and 2026.

4. The RSUs vest 1/4 on each of August 9, 2024, 2025, 2026 and 2027.

5. The RSUs vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.

Remarks:

	/s/Forrest Eugene Norrod	08/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)