Advanced Micro Devices, Inc. granted OpenAI OpCo, LLC a warrant to buy up to 160 million shares of AMD common stock at an exercise price of $0.01 per share. The shares vest in tranches tied to purchases of AMD Instinct GPUs: the first tranche vests after delivery of 1 gigawatt of MI450 Series GPUs and full vesting requires 6 gigawatts of purchases by the warrantholder, affiliates, or authorized third‑party purchasers. Vesting also depends on escalating company stock price targets, with the final tranche tied to a $600 per‑share threshold, and on specified technical and commercial conditions before exercise is allowed. The warrant is nontransferable except to affiliates, the shares are freely tradeable once issued (subject to law), and the warrantholder received customary registration rights.
Forrest Eugene Norrod, identified as an officer (EVP & GM DESG) of Advanced Micro Devices, reported a sale of company stock on 09/24/2025. The Form 4 shows he disposed of 2,250 shares of AMD common stock at a price of $165.01 per share, leaving him with 311,598 shares beneficially owned following the transaction. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted on June 6, 2025.
The Form is signed by Mr. Norrod on 09/25/2025 and lists his address in Santa Clara, CA. No derivative transactions, amendments, or additional compensatory details are provided in this submission.
Form 144 notice for Advanced Micro Devices, Inc. (AMD) shows a proposed sale of 2,250 common shares through Morgan Stanley Smith Barney, with an aggregate market value of $371,272.50. The filing records the shares were acquired as performance shares on 08/15/2024 from the issuer and the proposed sale date is 09/24/2025 on NASDAQ.
The filing also discloses a separate sale by the same person of 17,200 shares on 09/10/2025 generating gross proceeds of $2,768,018.16. The filer certifies no undisclosed material adverse information and notes any 10b5-1 plan adoption would be indicated in the remarks.
Mark D. Papermaster, Chief Technology Officer & EVP of Advanced Micro Devices, Inc. (AMD) reported option exercises and open-market sales on 09/15/2025. He exercised 16,800 stock options with an exercise price of $34.19 per share, acquiring 16,800 shares. Following the exercise, he beneficially owned 33,908 shares.
On the same date he sold a total of 16,800 shares in two blocks: 13,624 shares at a weighted-average price of $159.08 and 3,176 shares at a weighted-average price of $159.70, executed under a Rule 10b5-1 trading plan adopted November 5, 2024. The option exercise was also executed pursuant to that plan. The Form 4 was signed by power of attorney on 09/16/2025.
Advanced Micro Devices, Inc. (AMD) Form 144 shows proposed sale of 16,800 common shares to be executed through Morgan Stanley Smith Barney on 09/15/2025 with an aggregate market value of $2,674,551.60. The filing reports these shares were acquired on 09/15/2025 via a stock option exercise and paid in cash. The same person, identified in prior sales as Mark Papermaster, sold 16,800 shares on 08/15/2025 for gross proceeds of $2,992,254.72 and 17,998 shares on 07/15/2025 for $2,790,190.34. The filer certifies no undisclosed material nonpublic information and the notice includes the standard Rule 144 attestation.
The filing is a Form 144 notice for the proposed sale of 17,200 shares of common stock on NASDAQ with an aggregate market value of $2,768,018.16. The filing lists total shares outstanding as 1,622,843,689, indicating the proposed sale is a small fraction of the company's outstanding stock. The securities to be sold were acquired through issuer grants and option exercises between 08/09/2022 and 09/10/2025, including restricted stock, performance shares, and a stock option exercise. No sales by the filer in the prior three months are reported. The filer also certifies they are not aware of any undisclosed material adverse information.
Ava Hahn, SVP, General Counsel and Corporate Secretary of Advanced Micro Devices, reported a sale of company stock. The Form 4 discloses that on 09/02/2025 Ms. Hahn sold 143 shares of AMD common stock at a price of $158.10 per share under a Rule 10b5-1 trading plan adopted on June 2, 2025. After the reported sale she beneficially owned 11,901 shares, held directly. The filing was signed by power of attorney on 09/04/2025.
Advanced Micro Devices, Inc. reported that Philip Carter has resigned as Corporate Vice President and Chief Accounting Officer, effective September 5, 2025, after accepting a Chief Financial Officer role at another company. The company stated that his resignation does not stem from any dispute or disagreement regarding AMD’s accounting practices or financial reporting.
AMD’s Executive Vice President, Chief Financial Officer and Treasurer, Jean Hu, will serve as interim Chief Accounting Officer while the company searches for a permanent successor. AMD notes there are no special arrangements behind her selection, no disclosable related-party transactions, and no family relationships between her and AMD’s directors or executive officers.
Insider activity by AMD CEO Lisa T. Su: The report shows the exercise of 224,727 stock options at an exercise price of $34.19, resulting in an acquisition of those shares. The Reporting Person sold a total of 225,000 shares in multiple transactions at weighted-average prices ranging from about $162.27 to $165.59, with reported weighted-average sale prices of $163.06, $163.76, $164.65, and $165.45 across the respective sale tranches. After these transactions, the Reporting Person beneficially owns 3,359,748 shares directly, plus additional shares held indirectly through several Grantor Retained Annuity Trusts and GRATs.
Form 144 notice indicates a proposed sale of 225,000 shares of common stock through Morgan Stanley Smith Barney LLC on 08/21/2025 with an aggregate market value of $37,170,000.00. The filer reports total shares outstanding of 1,622,843,689. The securities to be sold were largely acquired by exercise of stock options on 08/21/2025 (224,727 shares) and a prior exercised option on 06/06/2023 (273 shares); payment for these acquisitions was made in cash. The form includes the required representation that the seller does not possess undisclosed material adverse information about the issuer.