AMD CEO Lisa Su (NASDAQ: AMD) converts RSUs and withholds shares for taxes
Rhea-AI Filing Summary
ADVANCED MICRO DEVICES INC reported that Chair, President & CEO Lisa T. Su exercised 16,221 Restricted Stock Units into an equal number of shares of AMD common stock on August 9, 2026. The corresponding RSU award was fully converted, leaving 0 RSUs from that grant. In connection with this RSU release, 6,383 shares of common stock were withheld at $483.36 per share to satisfy tax withholding obligations at her election, rather than being sold in an open-market transaction. The filing also lists several indirect holdings, including 99,211 shares held by the Lisa Su and Daniel Lin Family Trust dated November 3, 2021, and additional blocks of AMD shares held in multiple Grantor Retained Annuity Trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,838 shares
Net Buy
11 txns
Insider
Su Lisa T
Role
Chair, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 16,221 | $0.00 | $0.00 |
| Exercise | Common Stock | 16,221 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 6,383 | $483.36 | $3.09M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 2,876,737 shares (Direct);
Common Stock — 99,211 shares (Indirect, By Lisa Su and Daniel Lin Family Trust dated 11/3/2021);
Common Stock — 165 shares (Indirect, Through the shareholdings of a family member);
Common Stock — 165 shares (Indirect, Through shareholdings of family member);
Common Stock — 26,034 shares (Indirect, By Grantor Retained Annuity Trust 2021B);
Common Stock — 147,617 shares (Indirect, By Grantor Retained Annuity Trust 2021C);
Common Stock — 151,776 shares (Indirect, By Grantor Retained Annuity Trust LTS 2022 GRAT B);
Common Stock — 151,050 shares (Indirect, By Grantor Retained Annuity Trust 2025 GRAT A);
Common Stock — 169,527 shares (Indirect, By Grantor Retained Annuity Trust 2025 GRAT B)
Footnotes (3)
- F1. 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").
- F2. Each RSU represents a contingent right to receive one share of AMD's common stock.
- F3. The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.
Key Figures
RSUs converted: 16,221 RSUs
Common shares received: 16,221 shares
Shares withheld for taxes: 6,383 shares
+3 more
6 metrics
RSUs converted
16,221 RSUs
Restricted Stock Units exercised into AMD common stock on August 9, 2026
Common shares received
16,221 shares
AMD common stock acquired upon RSU conversion
Shares withheld for taxes
6,383 shares
Common stock withheld to satisfy tax withholding obligations related to RSU release
Withholding price
$483.36 per share
Price applied to shares withheld under transaction code F
Family Trust holding
99,211 shares
Indirect AMD common stock held by Lisa Su and Daniel Lin Family Trust dated 11/3/2021
Indirect GRAT holding 2021C
147,617 shares
AMD common stock held by Grantor Retained Annuity Trust 2021C
Key Terms
Restricted Stock Units, Grantor Retained Annuity Trust, tax withholding obligations, contingent right
4 terms
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.
Grantor Retained Annuity Trust financial
"By Grantor Retained Annuity Trust 2021B"
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.
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the release of restricted stock units"
contingent right financial
"Each RSU represents a contingent right to receive one share of AMD's common stock."
FAQ
What RSU transaction did AMD CEO Lisa Su report in this Form 4 for AMD?
Lisa Su reported the exercise of 16,221 Restricted Stock Units, converting them into 16,221 shares of AMD common stock. Each RSU represented a contingent right to receive one share of AMD common stock, and this grant is now fully converted.
What is the vesting schedule of the AMD RSUs involved in Lisa Su’s August 2026 transaction?
The RSUs involved vest one-quarter on each of August 9, 2023, 2024, 2025 and 2026. The August 9, 2026 transaction reflects the vesting and release of the final portion of this multi-year RSU award.
Were Lisa Su’s AMD transactions reported as under a Rule 10b5-1 trading plan?
The Form 4 does not classify these transactions as made under a Rule 10b5-1 trading plan. The document-level Rule 10b5-1 checkbox is not checked as being pursuant to such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
