Jean Hu (AMD) reports RSU vesting and 25,000-share GRAT transfer
Rhea-AI Filing Summary
Jean X. Hu, EVP, CFO and Treasurer of Advanced Micro Devices (AMD), reported equity plan activity including restricted stock unit vesting, tax-withholding share disposition, and a contribution to a Grantor Retained Annuity Trust (GRAT). On 08/09/2025 two groups of RSUs vested: 3,303 and 2,590 RSUs, each convertible into one share of AMD common stock. To satisfy withholding for the RSU release, 2,320 shares were withheld at $172.76 per share.
The filing shows an indirect holding of 25,000 shares in "Hu 2025 GRAT-1," to which the reporting person serves as trustee and sole annuitant. Following the reported transactions the filing lists 40,038 shares held directly and the noted GRAT ownership.
Positive
- RSU vesting disclosed transparently with counts of 3,303 and 2,590 units
- Clear disclosure of GRAT transfer including trustee role and 25,000 shares contributed
Negative
- 2,320 shares were disposed/withheld to satisfy tax obligations at $172.76 per share
- Direct beneficial ownership listed at 40,038 shares after the reported transactions, reflecting a reduction in direct holdings
Insights
TL;DR: RSUs vested and tax-withholding reduced direct shares; transactions appear routine compensation-related movements.
The filing documents vesting of 3,303 and 2,590 RSUs that convert 1:1 into AMD shares, with 2,320 shares withheld to satisfy taxes at $172.76 per share. Such withholding and RSU releases are standard executive compensation mechanics and typically reflect personal tax settlement rather than open-market selling. The contribution of 25,000 shares to a GRAT is an ownership-structure/estate-planning step rather than an operational signal about AMD performance.
TL;DR: Share transfer to a GRAT and trustee designation are estate-planning moves; disclosure aligns with Section 16 reporting norms.
The report explicitly states the reporting person is trustee and sole annuitant of "Hu 2025 GRAT-1" and that 25,000 shares were contributed to that trust. The form also discloses routine RSU vesting schedules and tax-withholding actions. From a governance perspective, these are standard, permitted transactions disclosed under Form 4 requirements and raise no governance compliance issues in the filing itself.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,303 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,590 | $0.00 | -- |
| Exercise | Common Stock | 5,893 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,320 | $172.76 | $401K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Includes 25,000 shares contributed by the Reporting Person, on March 11, 2025, to a Grantor Retained Annuity Trust ("GRAT"). The Reporting Person serves as trustee and the sole annuitant of Hu 2025 GRAT-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"). On March 11, 2025, the Reporting Person contributed 25,000 shares to Hu 2025 GRAT-1. 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, 2024, 2025, 2026 and 2027. The RSUs vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.
