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 | $0.00 |
| Exercise | Restricted Stock Units | 2,590 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,893 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,320 | $172.76 | $401K |
| holding | Common Stock | -- | -- | -- |
Footnotes (6)
- F1. 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.
- F2. 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").
- F3. On March 11, 2025, the Reporting Person contributed 25,000 shares to Hu 2025 GRAT-1.
- F4. Each RSU represents a contingent right to receive one share of AMD's common stock.
- F5. The RSUs vest 1/4 on each of August 9, 2024, 2025, 2026 and 2027.
- F6. The RSUs vest 1/4 on each of August 9, 2025, 2026, 2027 and 2028.
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