AMD officer Forrest Eugene Norrod sold $4.22 million of shares on Feb 11, 2026
Forrest Eugene Norrod, an AMD officer listed as EVP & GM DESG, sold 19,450 AMD shares on Feb 11, 2026, at an average of $216.81 a share for $4.22 million in total. The sale was reported on a Form 4, the form an insider files after trading the company's shares; the same day, the form also reported an exercise of stock options that acquired 8,200 shares at $34.19 a share, and it states 289,098 shares held directly after the last sale line. The shares were held directly, the Rule 10b5-1 box was ticked, and a footnote said the sales followed a trading plan (a pre-arranged schedule of trades) that Norrod adopted on June 6, 2025. The source is the Form 4 filed with the SEC on Feb 13, 2026.1,2,3,4,5,6,7,8,9,10,11,12,13
How each figure was checked
- the reporting owner as the form names themForrest Eugene Norrod
- the reporting owner's role as filedofficer (EVP & GM DESG)
- the side of the trades on the formsale
- shares sold19,450
- the day of the salesFeb 11, 2026
- the average price per share of the sales$216.81
- the value of the sales$4.22 million
- the stock option exercise line of the formexercise of a derivative security (code M): 8,200 shares acquired on Feb 11, 2026 at $34.19 per share; held directly; 308,548 owned after the line
- the shares held after the last sale lineafter the last sale line the form states 289098 shares of Common Stock held directly
- how the sold shares were held4 sale lines held directly
- the Rule 10b5-1 checkboxticked: the filing marks a transaction on the form as made under a Rule 10b5-1 plan; the box is one answer for the whole form and does not say which line
- Footnote F2 of the Form 4 filed Feb 13, 2026 (it is attached to that document's line N2, N3, N4, N5)June 6, 2025Footnotes of the Form 4 filed Feb 13, 2026 ↗
- the day the Form 4 was filedFeb 13, 2026
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The record
- Issuer
- AMD (CIK 2488, filed as ADVANCED MICRO DEVICES INC)
- Form
- 4
- Accession
- 0000002488-26-000026
- Filed
- Feb 13, 2026
- Period of report
- Feb 11, 2026
- Reporting owner
- Forrest Eugene Norrod (CIK 1622864, filed as Norrod Forrest Eugene)
- Relationship
- officer (EVP & GM DESG)
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- M (exercise of a derivative security) · 8,200 Common Stock at $34.19 · Feb 11, 2026 · acquired, directly · 308,548 held after · footnote F1
- Line 2
- S (sale) · 4,141 Common Stock at $215.12 · Feb 11, 2026 · disposed, directly · 304,407 held after · footnotes F2 and F3
- Line 3
- S (sale) · 3,607 Common Stock at $216.22 · Feb 11, 2026 · disposed, directly · 300,800 held after · footnotes F2 and F4
- Line 4
- S (sale) · 11,602 Common Stock at $217.59 · Feb 11, 2026 · disposed, directly · 289,198 held after · footnotes F2 and F5
- Line 5
- S (sale) · 100 Common Stock at $217.72 · Feb 11, 2026 · disposed, directly · 289,098 held after · footnote F2
- Derivative line 1
- M (exercise of a derivative security) · 8,200 Stock Option Grant at $0.00 · Feb 11, 2026 · disposed, directly · 8,237 held after · footnote F6
- Footnote F1
- The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2025.
- Footnote F2
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 6, 2025.
- Footnote F3
- Transaction executed in multiple trades at prices ranging from $214.68 to $215.67 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.
- Footnote F4
- Transaction executed in multiple trades at prices ranging from $215.68 to $216.63 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.
- Footnote F5
- Transaction executed in multiple trades at prices ranging from $216.70 to $217.68 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.
- Footnote F6
- The options vest 1/3 on each of August 9, 2020, 2021 and 2022.
Insider purchases and sales of AMD shares, 12 months
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