[Form 4] Advanced Micro Devices Insider Trading Activity
Rhea-AI Filing Summary
Philip Guido, EVP & Chief Commercial Officer of Advanced Micro Devices, reported equity awards granted on 08/15/2025. The filing shows a stock option grant for 14,911 options with an exercise price of $177.51, performance-based restricted stock units (PRSUs) with a target of 22,004 units subject to 0%–250% payout based on relative and absolute stock returns and 2027 non-GAAP EPS performance, and restricted stock units (RSUs) totaling 7,334 units.
The options vest 25% on 08/15/2026 then quarterly through 08/15/2029. RSUs vest on the same schedule. PRSU vesting depends on performance over a period beginning 08/15/2025 and ending 08/15/2028, with settlement following Committee determination; continued employment through vesting dates is generally required.
Positive
- Stock option grant of 14,911 options with a disclosed exercise price of $177.51.
- Performance-based RSU target of 22,004 units with potential payout between 0%–250% depending on relative/absolute stock performance and 2027 vs 2025 non-GAAP EPS.
- Time-based RSUs of 7,334 units with vesting commencing 08/15/2026 and quarterly vesting thereafter through 08/15/2029.
Negative
- None.
Insights
TL;DR: Executive received time- and performance-based equity awards typical for senior leadership, tying pay to multi-year performance metrics.
The package includes three equity components: options, time-based RSUs, and multi-factor PRSUs. Options have a specified exercise price of $177.51 and a standard multi-year vesting schedule. RSUs vest on the same schedule as the options, providing retention incentives. PRSUs carry a 0%–250% payout range and depend on relative TSR-like measures, absolute stock return, and a 2027 vs 2025 non-GAAP EPS metric, with final determination by the Compensation and Leadership Resources Committee. These features align long-term pay with company performance and require continued service through the performance period for settlement.
TL;DR: Disclosure is complete for awards: timelines, performance metrics, and settlement mechanics are specified.
The Form 4 specifies grant amounts, vesting schedules, performance period bounds, and Committee determination for PRSUs. It also notes that earned PRSUs are generally settled after performance determination or on the later vesting date. The filing includes a power-of-attorney signature, indicating authorized filing procedure. No other transactions or dispositions are disclosed in this report.