AMD CTO exercises options, sells 6,000 shares

ADVANCED MICRO DEVICES INC Chief Technology Officer & EVP Mark D. Papermaster reported an option exercise and related share sale in AMD common stock.

Rhea-AI Filing Summary

ADVANCED MICRO DEVICES INC Chief Technology Officer & EVP Mark D. Papermaster reported an option exercise and related share sale in AMD common stock. He exercised 6,000 shares through stock options at $84.85 per share, then sold 6,000 shares at $536.33 per share.

Both the option exercises and the sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on November 14, 2025. After these transactions, Papermaster directly holds 1,233,687 shares of AMD common stock, and the filing also reports indirect holdings through GRAT entities.

Insider Trade Summary 10b5-1

Exercise and Sale: 6,000 shares ($2.71M approx. pre-tax spread)

Exercise and Sale 5 txns

Insider Papermaster Mark D

Role Chief Technology Officer & EVP

Sold 6,000 shs ($3.22M)

Approx. gross sale proceeds $3.22M

Approx. exercise cost $509K

Approx. pre-tax spread $2.71M

Type	Security	Shares	Price	Value
Exercise	Stock Option Grant	6,000	$0.00	$0.00
Exercise	Common Stock	6,000	$84.85	$509K
Sale	Common Stock	6,000	$536.33	$3.22M
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock Option Grant — 13,369 contracts (Direct); Common Stock — 1,233,687 shares (Direct); Common Stock — 206,606 shares (Indirect, Mark D Papermaster AMD GRAT #1); Common Stock — 206,606 shares (Indirect, Kathryn M Papermaster AMD GRAT #1)

Footnotes (3)

1. F1. The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2025.
2. F2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2025.
3. F3. The options vest 1/3 on each of August 9, 2021, 2022 and 2023.

Key Figures

Shares sold: 6,000 shares Sale price: $536.33 per share Options exercised: 6,000 shares +4 more

7 metrics

Shares sold 6,000 shares Open-market sale of AMD common stock on June 15, 2026

Sale price $536.33 per share Price for 6,000 AMD shares sold

Options exercised 6,000 shares Stock option exercise into AMD common stock

Option exercise price $84.85 per share Strike price of stock options exercised

Direct holdings after transactions 1,233,687 shares AMD common stock directly owned following the Form 4 transactions

Rule 10b5-1 plan adoption date November 14, 2025 Date Papermaster adopted trading plan covering these trades

Option expiration date August 9, 2027 Expiration for the exercised AMD stock options

Key Terms

Rule 10b5-1 trading plan, stock option exercises, open-market sale, grantor retained annuity trust, +1 more

5 terms

Rule 10b5-1 trading plan regulatory

"The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted..."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

stock option exercises financial

"The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan..."

open-market sale financial

"transaction_action: open-market sale, transaction_code_description: Sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

grantor retained annuity trust financial

"nature_of_ownership: Kathryn M Papermaster AMD GRAT #1; Mark D Papermaster AMD GRAT #1"

A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

FAQ

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

What insider transactions did AMD CTO Mark Papermaster report on this Form 4?

Mark Papermaster reported exercising stock options for 6,000 AMD common shares at $84.85 each and selling 6,000 shares at $536.33. These transactions reflect an exercise-and-sell sequence tied to previously granted options.

Were Mark Papermaster’s AMD share transactions under a Rule 10b5-1 plan?

Yes. The filing states both the stock option exercises and the related sales were executed under a Rule 10b5-1 trading plan adopted on November 14, 2025. Such pre-arranged plans automate trades according to preset instructions.

How many AMD shares did Mark Papermaster sell in the latest reported transaction?

He sold 6,000 shares of AMD common stock at a reported price of $536.33 per share. The sale followed the exercise of 6,000 stock options, effectively turning option-derived shares into cash through an open-market transaction.

What is Mark Papermaster’s direct AMD shareholding after these Form 4 transactions?

After the reported option exercise and sale, Mark Papermaster directly holds 1,233,687 shares of AMD common stock. The Form 4 also lists additional indirect holdings through GRAT entities associated with the reporting person and a related party.

What stock option details are disclosed for Mark Papermaster in this AMD Form 4?

The Form 4 shows a stock option for 6,000 underlying AMD shares with an exercise price of $84.85 per share, expiring August 9, 2027. Footnotes indicate these options vest in three equal installments on August 9 of 2021, 2022, and 2023.

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

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Accepted by SEC EDGAR 06/17/2026 - 04:17 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).

X

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^*

Papermaster Mark D

(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)
	Chief Technology Officer & EVP

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

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	06/15/2026		M		6,000(1)	A	$84.85	1,239,687	D
Common Stock	06/15/2026		S		6,000(2)	D	$536.33	1,233,687	D
Common Stock								206,606	I	Mark D Papermaster AMD GRAT #1
Common Stock								206,606	I	Kathryn M Papermaster AMD GRAT #1

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
Stock Option Grant	$84.85	06/15/2026		M			6,000	(3)	08/09/2027	Common Stock	6,000	$0	13,369	D

Explanation of Responses:

1. The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2025.

2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2025.

3. The options vest 1/3 on each of August 9, 2021, 2022 and 2023.

Remarks:

	/s/ Linda Lam By Power of Attorney for Mark Papermaster	06/17/2026
	** 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)