Lisa Su contributes 400,000 AMD shares to 2025 GRATs; 6,383 shares withheld
Rhea-AI Filing Summary
Lisa T. Su, Chair, President & CEO of AMD, reported equity activity tied to RSU vesting and GRAT transfers. On 08/09/2025 16,221 RSUs vested and were converted into common stock; 6,383 shares were withheld to satisfy tax withholding at a reported price of $172.76. The filing lists direct beneficial ownership figures of 3,290,190 and 3,283,807 shares in separate reported lines.
The filing also shows contributions of 400,000 shares (200,000 each) to 2025 GRAT A and 2025 GRAT B and discloses prior annuity distributions totaling 109,939 shares from earlier GRATs. The RSUs vest 25% on each of August 9, 2023, 2024, 2025 and 2026.
Positive
- None.
Negative
- None.
Insights
TL;DR: Reported transactions reflect routine executive compensation vesting and estate-planning transfers, with no new purchase or sale disclosed.
The Form 4 documents vesting of 16,221 RSUs and the withholding of 6,383 shares for taxes at $172.76, plus contributions of 400,000 shares to two 2025 GRATs and prior annuity distributions of 109,939 shares. These actions are described as distributions, transfers to trusts, and tax-withholding elections; the registrant is identified as the reporting person and several indirect holdings via GRATs are itemized. From a governance standpoint, disclosures are specific about ownership form (direct versus indirect) and the contractual nature of the GRAT arrangements.
TL;DR: Transactions are compensation-related and trust transfers; the filing quantifies shares but does not show open-market purchases or sales.
The filing shows an increase in shares resulting from RSU vesting (16,221 shares) and simultaneous withholding (6,383 shares) to meet tax obligations, with reported post-transaction direct beneficial ownership figures of 3,290,190 and 3,283,807 in the form lines. It also documents contributions of 200,000 shares each to two 2025 GRATs and lists specific indirect holdings by multiple GRATs. The disclosure provides granular counts useful for modeling insider-held shares but contains no explicit market trades.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 16,221 | $0.00 | -- |
| Exercise | Common Stock | 16,221 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,383 | $172.76 | $1.10M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Includes 109,939 shares (in the aggregate) distributed to the Reporting Person on January 23, 2025, as annuity distributions from the following Grantor Retained Annuity Trusts ("GRAT"): (1) GRAT 2021B; (2) GRAT 2021C; (3) LTS 2022 GRAT A; and (4) LTS 2022 GRAT B. Also includes 400,000 shares (in the aggregate) contributed by the Reporting Person, on March 12, 2025, to 2025 GRAT A and 2025 GRAT B. The Reporting Person serves as trustee and the sole annuitant of each of the foregoing GRATs. 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"). On January 23, 2025, 39,360 shares were distributed to the Reporting Person as annuity distributions from GRAT 2021B. On January 23, 2025, 11,851 shares were distributed to the Reporting Person as annuity distributions from GRAT 2021C. On January 23, 2025, 38,257 shares were distributed to the Reporting Person as an annuity distribution from LTS 2022 GRAT A. On January 23, 2025, 20,471 shares were distributed to the Reporting Person as an annuity distribution from LTS 2022 GRAT B. On March 12, 2025, the Reporting Person contributed 200,000 shares to 2025 GRAT A. On March 12, 2025, the Reporting Person contributed 200,000 shares to 2025 GRAT B. Each RSU represents a contingent right to receive one share of AMD's common stock. The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.
