Advanced Micro Devices (AMD) CTO sells 6,000 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Advanced Micro Devices executive Mark D. Papermaster, Chief Technology Officer & EVP, on July 15, 2026 exercised stock options for 6000.0000 shares of Common Stock at 84.8500 per share and sold 6000.0000 shares at 556.4300 per share, with both the exercises and sales effected under a Rule 10b5-1 trading plan adopted November 14, 2025. After these transactions he directly owns 1233687.0000 shares, holds 7369.0000 stock options, and reports indirect ownership of 206606.0000 shares in each of two AMD GRAT #1 trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,000 shares ($3,338,580)
Net Sell
5 txns
Insider
Papermaster Mark D
Role
Chief Technology Officer & EVP
Sold
6,000 shs ($3.34M)
| 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 | $556.43 | $3.34M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option Grant — 7,369 shares (Direct);
Common Stock — 1,239,687 shares (Direct);
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: 6000.0000 shares
Option exercise shares: 6000.0000 shares
Direct holdings after transactions: 1233687.0000 shares
+3 more
6 metrics
Shares sold
6000.0000 shares
Common Stock sale on 2026-07-15 at 556.4300 per share
Option exercise shares
6000.0000 shares
Common Stock acquired on 2026-07-15 via option exercise at 84.8500 per share
Direct holdings after transactions
1233687.0000 shares
Common Stock directly owned by Mark D. Papermaster after 2026-07-15 trades
Options remaining after exercise
7369.0000 options
Stock Option Grant position remaining after exercising 6000.0000 options
Indirect holdings per GRAT
206606.0000 shares
Common Stock held indirectly in each AMD GRAT #1 trust
Rule 10b5-1 plan adoption date
November 14, 2025
Date Mark D. Papermaster adopted the Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, Stock Option Grant, derivative security, GRAT
4 terms
Rule 10b5-1 trading plan regulatory
"effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
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 Grant financial
"security_title": "Stock Option Grant""
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.
GRAT financial
"nature_of_ownership": "Kathryn M Papermaster AMD GRAT #1""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did AMD executive Mark D. Papermaster report in this Form 4 for AMD?
Mark D. Papermaster reported that on July 15, 2026 he exercised stock options for 6000.0000 AMD shares at 84.8500 per share and sold 6000.0000 shares at 556.4300 per share, as disclosed in the Form 4.
At what price did Mark D. Papermaster exercise his AMD stock options?
He exercised AMD stock options covering 6000.0000 shares at an exercise price of 84.8500 per share. These options related to a Stock Option Grant and the exercise reduced that option position while increasing his Common Stock holdings before the subsequent sale.
Were Mark D. Papermaster’s AMD trades made under a Rule 10b5-1 plan?
Yes. Both the stock option exercises and the share sales were effected under a Rule 10b5-1 trading plan adopted by Mark D. Papermaster on November 14, 2025, as stated in the Form 4 footnotes and reflected by the plan checkbox.
What AMD derivative positions remain for Mark D. Papermaster after the Form 4 transactions?
After exercising 6000.0000 options on July 15, 2026, he reports a remaining position of 7369.0000 Stock Option Grant units. These options are exercisable into AMD Common Stock and have an expiration date of August 9, 2027.