[Form 4] Advanced Micro Devices Insider Trading Activity

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

Financial Analyst

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.

Corporate Governance Expert

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GRASBY PAUL DARREN

(Last) (First) (Middle)

2485 AUGUSTINE DRIVE

(Street)

SANTA CLARA CA 95054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ADVANCED MICRO DEVICES INC [ AMD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CSO

3. Date of Earliest Transaction (Month/Day/Year)
08/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/09/2025		M		23,258	A	$0	146,438	D
Common Stock	08/09/2025		F		10,933(1)	D	$172.76	135,505	D
Common Stock	08/12/2025		S		10,000	D	$173.21(2)	125,505	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(3)	08/09/2025		M			4,345	(4)	(4)	Common Stock	4,345	$0	4,345	D
Restricted Stock Units	(3)	08/09/2025		M			17,618	(5)	(5)	Common Stock	17,618	$0	0	D
Restricted Stock Units	(3)	08/09/2025		M			1,295	(6)	(6)	Common Stock	1,295	$0	3,886	D

Explanation of Responses:

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").

2. 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.

3. Each RSU represents a contingent right to receive one share of AMD's common stock.

4. The RSUs vest 1/4 on each of August 9, 2023, 2024, 2025 and 2026.

5. The RSUs vest 1/2 on each of August 9, 2024 and 2025.

6. The RSUs vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.

Remarks:

	/s/Linda Lam by Power of Attorney for Paul Darren Grasby	08/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did AMD insider Paul Grasby report on Form 4?

He reported RSU vesting that converted to 23,258 shares, 10,933 shares withheld for taxes, and a sale of 10,000 shares.

How many shares does Paul Grasby beneficially own after these transactions (AMD)?

Following the reported transactions he beneficially owns 125,505 shares.

At what price were the shares sold by the insider?

The 10,000-share sale on 08/12/2025 had a weighted-average price of approximately $173.21 (individual trades ranged $173.21–$173.22).

Why were some shares withheld in the reported transactions?

The filing states 10,933 shares were withheld at the reporting person's election to satisfy tax withholding obligations related to RSU release.

Do the RSUs have future vesting dates?

Yes; the filing lists RSU award schedules with vesting events across multiple future dates, including vesting through 2028.