AMD CTO Papermaster (NASDAQ: AMD) sells 6,000 pre-planned shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,000 shares ($3,217,980)
Net Sell
5 txns
Insider
Papermaster Mark D
Role
Chief Technology Officer & EVP
Sold
6,000 shs ($3.22M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option Grant | 6,000 | $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 shares (Direct, null);
Common Stock — 1,239,687 shares (Direct, null);
Common Stock — 206,606 shares (Indirect, Mark D Papermaster AMD GRAT #1)
Footnotes (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. 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. 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
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.
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.