[Form 4] Advanced Micro Devices Insider Trading Activity
Rhea-AI Filing Summary
Advanced Micro Devices insider Jack M. Huynh, SVP & GM, Computing & Graphics, reported multiple equity transactions dated 08/15/2025. He received 2,804 shares issued in settlement of performance-based restricted stock units (PRSU settlement) and exercised/was granted derivative awards including a stock option for 14,911 shares, PRSU award for 22,004 target shares and RSU award for 7,334 shares. The PRSU awards carry performance conditions tied to AMD's relative stock return, absolute stock return and a 2027 vs 2025 non-GAAP EPS comparison, with vesting subject to continued service through August 15, 2028. The filing also shows a sale/disposition of 1,104 shares at $177.51. Following these reported transactions, Huynh beneficially owns 436,600 shares.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine executive compensation awards and a small sale; overall ownership increased through equity grants.
These entries reflect standard long-term incentive practices: settlement of earned PRSUs, issuance of RSUs, and a sizeable stock option grant (14,911 options) with multi-year vesting through 2029. The PRSU structure (0%–250% payout) ties pay to both relative and absolute stock returns and a multi-year EPS target, aligning executive pay with shareholder returns. The 1,104-share sale at $177.51 is modest relative to total holdings (436,600 shares) and appears non-material to ownership percentage. For investors, this form signals continued retention and performance incentive alignment rather than an indication of near-term liquidity pressure from the officer.
TL;DR: Compensation design uses performance and service vesting; disclosure is clear on vesting and measurement periods.
The filing provides clear terms: PRSUs measured from August 15, 2025 to August 15, 2028 with Committee-determined payouts and settlement timing, RSUs vesting quarterly after an initial cliff, and options vesting over multiple years. These features promote retention and performance orientation. Investors should note the discretionary element where the Compensation and Leadership Resources Committee determines earned PRSUs, which is common but introduces judgement in final payout determination.