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AMD (NASDAQ: AMD) CCO settles 81K shares, gets new stock grants

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ADVANCED MICRO DEVICES INC (AMD) reported that EVP & Chief Commercial Officer Philip Guido settled and received equity awards and related common shares. On August 15, 2026, 79,280 performance stock units and 1,834 restricted stock units were converted into a total of 81,114 shares of common stock, followed by the withholding of 31,197 and 722 shares, respectively, to satisfy tax obligations at $514.39 per share. Guido also received new awards of 7,113 PRSUs, which may pay out between 0% and 250% of target based on multi-year performance through 2029, and 4,742 RSUs that vest between 2027 and 2030.

Positive

  • None.

Negative

  • None.
Insider GUIDO PHILIP
Role EVP & Chief Commercial Officer
Type Security Shares Price Value
Exercise Performance Stock Units F3, F4 79,280 $0.00 $0.00
Exercise Restricted Stock Units F5, F6 1,834 $0.00 $0.00
Grant/Award PRSU Award F7, F8 7,113 $0.00 $0.00
Grant/Award RSU Award F5, F9 4,742 $0.00 $0.00
Exercise Common Stock 81,114 $0.00 $0.00
Tax Withholding Common Stock F1 31,197 $514.39 $16.05M
Tax Withholding Common Stock F2 722 $514.39 $371K
Holdings After Transaction: Performance Stock Units — 0 shares (Direct); Restricted Stock Units — 5,500 shares (Direct); PRSU Award — 7,113 shares (Direct); RSU Award — 4,742 shares (Direct); Common Stock — 135,018 shares (Direct)
Footnotes (9)
  1. F1. The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release and settlement of performance-based restricted stock units ("PRSU").
  2. F2. 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").
  3. F3. Each PRSU represents a contingent right to receive one share of AMD's common stock.
  4. F4. Reflects shares issued in settlement of PRSUs earned and vested under PRSU award granted on August 9, 2023.
  5. F5. Each RSU represents a contingent right to receive one share of AMD's common stock.
  6. F6. The RSUs vest 1/4 on August 15, 2026 and then quarterly thereafter until August 15, 2029.
  7. F7. Between 0% and 250% of the target number of PRSUs may be earned depending on (a) the return on AMD's stock price relative to the return of each of the component companies comprising the S&P 500 Index, subject to adjustments, over the performance period that begins August 15, 2026 and ends on August 15, 2029 (or, if earlier, the date immediately preceding the effective date of a change of control of AMD), (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2028 fiscal year non-GAAP earnings per share exceeds AMDs 2026 fiscal year non-GAAP earnings per share. Vesting of any earned PRSUs is generally subject to the Reporting Person's continued employment and/or service with AMD through August 15, 2029 (or the one-year anniversary of a change in control, if earlier).
  8. F8. The actual number of PRSUs that may be earned, if at all, will be determined by the Compensation and Leadership Resources Committee (the "Committee") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 7, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2029, or the date following the Committee's determination of performance.
  9. F9. The RSUs vest 1/4 on August 15, 2027 and then quarterly thereafter until August 15, 2030.
PSUs converted 79,280 units Performance Stock Units converted into AMD common stock on August 15, 2026
RSUs converted 1,834 units Restricted Stock Units converted into AMD common stock on August 15, 2026
Common shares acquired via conversion 81,114 shares Total AMD common stock acquired from PSU and RSU conversions
Shares withheld for PRSU taxes 31,197 shares Shares withheld to satisfy tax obligations on PRSU settlement at $514.39 per share
Shares withheld for RSU taxes 722 shares Shares withheld to satisfy tax obligations on RSU release at $514.39 per share
Tax withholding price $514.39 per share Price used for share withholding transactions on August 15, 2026
New PRSU Award 7,113 units Target number of PRSUs awarded, earnable between 0% and 250% based on performance
New RSU Award 4,742 units Restricted Stock Units awarded vesting from August 15, 2027 to August 15, 2030
Performance Stock Units financial
"The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release and settlement of performance-based restricted stock units"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
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.
PRSU Award financial
"Reflects shares issued in settlement of PRSUs earned and vested under PRSU award granted on August 9, 2023"
non-GAAP earnings per share financial
"the percentage (if any) by which AMD's 2028 fiscal year non-GAAP earnings per share exceeds AMDs 2026 fiscal year"
Non-GAAP earnings per share is a company’s reported profit per share after removing certain items that management considers one-time, unusual, or not part of regular operations, such as restructuring costs, stock-based compensation, or asset write-downs. Investors use it like an “adjusted score” to see what management believes is the company’s ongoing, core profitability, but because the adjustments vary between firms it should be compared carefully across companies.
change of control financial
"the date immediately preceding the effective date of a change of control of AMD"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.

FAQ

What did AMD EVP Philip Guido report in this Form 4 for AMD stock?

Philip Guido reported settlement of prior PSUs and RSUs into 81,114 AMD common shares, tax-related share withholdings, and receipt of new PRSU and RSU awards on August 15, 2026.

How many AMD common shares were acquired through equity settlement on August 15, 2026?

A total of 81,114 AMD common shares were acquired through the conversion of 79,280 PRSUs and 1,834 RSUs, as reported in the Form 4 transactions.

How many AMD shares were withheld for taxes in Philip Guido’s Form 4?

AMD disclosed that 31,197 shares were withheld to cover taxes on PRSU settlement and 722 shares were withheld for RSU-related taxes, both at a price of $514.39 per share.

What new PRSU award did Philip Guido receive from AMD (symbol AMD)?

Guido received a new PRSU Award for 7,113 units, with actual earned units between 0% and 250% of target based on stock performance and non-GAAP EPS through a performance period ending in 2029.

What new RSU award did Philip Guido receive from AMD (AMD)?

He received an RSU Award for 4,742 units. These RSUs vest one-quarter on August 15, 2027, with the remainder vesting quarterly until August 15, 2030, subject to continued service.

When do the performance stock units and PRSUs for AMD potentially vest and settle?

Previously granted PRSUs vested and settled on August 15, 2026. Newly granted PRSUs have a performance period beginning that date and generally settle on or after August 15, 2029, based on AMD’s performance.

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

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SEC Form 4
FORM 4UNITED 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*
GUIDO PHILIP

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Chief Commercial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/15/2026M81,114A$0166,937D
Common Stock08/15/2026F31,197(1)D$514.39135,740D
Common Stock08/15/2026F722(2)D$514.39135,018D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Stock Units(3)08/15/2026M79,280 (4) (4)Common Stock79,280$00D
Restricted Stock Units(5)08/15/2026M1,834 (6) (6)Common Stock1,834$05,500D
PRSU Award(7)08/15/2026A7,113 (8) (8)Common Stock7,113$07,113D
RSU Award(5)08/15/2026A4,742 (9) (9)Common Stock4,742$04,742D
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 and settlement of performance-based restricted stock units ("PRSU").
2. 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").
3. Each PRSU represents a contingent right to receive one share of AMD's common stock.
4. Reflects shares issued in settlement of PRSUs earned and vested under PRSU award granted on August 9, 2023.
5. Each RSU represents a contingent right to receive one share of AMD's common stock.
6. The RSUs vest 1/4 on August 15, 2026 and then quarterly thereafter until August 15, 2029.
7. Between 0% and 250% of the target number of PRSUs may be earned depending on (a) the return on AMD's stock price relative to the return of each of the component companies comprising the S&P 500 Index, subject to adjustments, over the performance period that begins August 15, 2026 and ends on August 15, 2029 (or, if earlier, the date immediately preceding the effective date of a change of control of AMD), (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2028 fiscal year non-GAAP earnings per share exceeds AMDs 2026 fiscal year non-GAAP earnings per share. Vesting of any earned PRSUs is generally subject to the Reporting Person's continued employment and/or service with AMD through August 15, 2029 (or the one-year anniversary of a change in control, if earlier).
8. The actual number of PRSUs that may be earned, if at all, will be determined by the Compensation and Leadership Resources Committee (the "Committee") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 7, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2029, or the date following the Committee's determination of performance.
9. The RSUs vest 1/4 on August 15, 2027 and then quarterly thereafter until August 15, 2030.
Remarks:
/s/Linda Lam by Power of Attorney for Philip Guido08/18/2026
** Signature of Reporting PersonDate
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)