Paul Grasby withholds 10,933 shares for taxes after AMD RSU vesting
Rhea-AI Filing Summary
Paul Darren Grasby, AMD's EVP & CSO, reported the vesting and settlement of restricted stock units and related share movements. On 08/09/2025 RSUs converted into 23,258 shares reported as acquired at no cash cost; 10,933 shares were withheld to satisfy tax withholding, changing his beneficial ownership figures to 146,438 then 135,505 shares.
He later executed an open-market sale on 08/12/2025 of 10,000 shares at a weighted-average price of about $173.21 (trades ranged $173.21–$173.22), leaving 125,505 shares beneficially owned. The filing also lists remaining RSU award schedules with vesting through 2028.
Positive
- 23,258 shares were acquired through RSU settlement, increasing the reporting person's stake
- RSU vesting and remaining award schedules are disclosed, showing clear vesting timelines through 2028
Negative
- A sale of 10,000 shares was executed, reducing beneficial ownership to 125,505 shares
- 10,933 shares were withheld to satisfy tax obligations following RSU settlement
Insights
TL;DR: Insider RSU vesting increased holdings; a modest subsequent sale appears routine rather than a material change in position.
The reported transactions show award vesting that added 23,258 shares to Mr. Grasby’s position and tax-related withholding of 10,933 shares, followed by an open-market sale of 10,000 shares at a weighted-average price near $173.21. Net beneficial ownership remains substantial at 125,505 shares. These items are typical for executive compensation settlements and small net disposals; they do not indicate a large directional change in insider exposure.
TL;DR: Transactions are disclosure of routine compensation vesting, tax withholding and a small sale; governance impact is minimal.
The form documents the conversion of RSUs (each RSU converting to one share) with clear vesting schedules through 2028 and confirms tax-withholding treatment. The subsequent sale was executed in multiple trades at a tight price range and a reported weighted average. From a governance standpoint, the disclosure is complete and timely, and the scale of the sale relative to total holdings does not suggest a change in alignment with shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $173.21 | $1.73M |
| Exercise | Restricted Stock Units | 4,345 | $0.00 | -- |
| Exercise | Restricted Stock Units | 17,618 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,295 | $0.00 | -- |
| Exercise | Common Stock | 23,258 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,933 | $172.76 | $1.89M |
Footnotes (1)
- 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"). Transaction executed in multiple trades at prices ranging from $173.21 to $173.22 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. 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. The RSUs vest 1/2 on each of August 9, 2024 and 2025. The RSUs vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.
