AMD (AMD) EVP Forrest Norrod sells 19,487 shares, exercises 8,237 options
Rhea-AI Filing Summary
ADVANCED MICRO DEVICES INC executive Forrest Norrod reported option exercises and share sales in AMD stock. On May 20, 2026, he exercised stock options covering 8,237 shares of Common Stock at an exercise price of $34.19 per share. The same day, he sold a total of 19,487 shares of Common Stock in a series of open-market transactions at weighted average prices generally in the low $430s per share, with trade prices ranging from $427.03 to $436.50. Both the option exercises and the sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on June 6, 2025. Following these transactions, Norrod directly owned 324,527 shares of AMD Common Stock.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option Grant | 8,237 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,237 | $34.19 | $282K |
| Sale | Common Stock | 516 | $427.80 | $221K |
| Sale | Common Stock | 1,975 | $428.45 | $846K |
| Sale | Common Stock | 2,667 | $429.45 | $1.15M |
| Sale | Common Stock | 5,032 | $430.68 | $2.17M |
| Sale | Common Stock | 3,287 | $431.56 | $1.42M |
| Sale | Common Stock | 2,274 | $432.78 | $984K |
| Sale | Common Stock | 1,284 | $433.75 | $557K |
| Sale | Common Stock | 1,562 | $435.18 | $680K |
| Sale | Common Stock | 890 | $435.91 | $388K |
Footnotes (12)
- 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 June 6, 2025.
- F2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 6, 2025.
- F3. Transaction executed in multiple trades at prices ranging from $427.03 to $427.98 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F4. Transaction executed in multiple trades at prices ranging from $428.04 to $428.94 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F5. Transaction executed in multiple trades at prices ranging from $429.05 to $430.02 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F6. Transaction executed in multiple trades at prices ranging from $430.17 to $431.15 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F7. Transaction executed in multiple trades at prices ranging from $431.18 to $432.00 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F8. Transaction executed in multiple trades at prices ranging from $432.28 to $433.25 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F9. Transaction executed in multiple trades at prices ranging from $433.32 to $434.20 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F10. Transaction executed in multiple trades at prices ranging from $434.53 to $435.44 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F11. Transaction executed in multiple trades at prices ranging from $435.53 to $436.50 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F12. The options vest 1/3 on each of August 9, 2020, 2021 and 2022.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
stock option exercises financial
Common Stock financial
Stock Option Grant financial
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