AMD's Lisa T. Su sold 85,000 shares for $16.9 million on Mar 12, 2026
A Form 4 (the form an insider files when trading the company's shares) shows that Lisa T. Su, a director and officer (Chair, President & CEO) of AMD, sold 85,000 shares of common stock on Mar 12, 2026 for $16,895,157, at an average price of $198.77 a share. A footnote on the form says the sales were made under a Rule 10b5-1 trading plan that the reporting person adopted on Sep 9, 2025. All seven sale lines were held directly, and after the last of them the form states 3,146,006 shares of common stock held directly. The source is that Form 4, filed on Mar 16, 2026 and signed by Linda Lam under a power of attorney for Lisa T. Su.1,2,3,4,5,6,7,8,9,10,11,12,13
How each figure was checked
- the reporting owner as filedLisa T. Su
- the reporting owner's relationship to AMDdirector and officer (Chair, President & CEO)
- the side of the tradesale
- shares sold85,000
- value of the sale$16.9 million
- average price per share$198.77
- the date of the trades (first and last date are the same day)Mar 12, 2026
- 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 F1: the date the plan was adoptedSeptember 9, 2025SEC EDGAR, Form 4 filed Mar 16, 2026, footnotes ↗
- how the sale lines were held7 sale lines held directly
- the shares held after the last sale lineafter the last sale line the form states 3146006 shares of Common Stock held directly
- the day the form was filedMar 16, 2026
- who signed the formLinda Lam by Power of Attorney for Lisa T. Su
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The record
- Issuer
- AMD (CIK 2488, filed as ADVANCED MICRO DEVICES INC)
- Form
- 4
- Accession
- 0000002488-26-000058
- Filed
- Mar 16, 2026
- Period of report
- Mar 12, 2026
- Reporting owner
- Lisa T. Su (CIK 1405109, filed as Su Lisa T)
- Relationship
- director and officer (Chair, President & CEO)
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- S (sale) · 16,228 Common Stock at $197.42 · Mar 12, 2026 · disposed, directly · 3,214,778 held after · footnotes F1, F2 and F3
- Line 2
- S (sale) · 35,587 Common Stock at $198.20 · Mar 12, 2026 · disposed, directly · 3,179,191 held after · footnotes F1 and F4
- Line 3
- S (sale) · 18,279 Common Stock at $199.15 · Mar 12, 2026 · disposed, directly · 3,160,912 held after · footnotes F1 and F5
- Line 4
- S (sale) · 6,303 Common Stock at $199.98 · Mar 12, 2026 · disposed, directly · 3,154,609 held after · footnotes F1 and F6
- Line 5
- S (sale) · 4,100 Common Stock at $201.13 · Mar 12, 2026 · disposed, directly · 3,150,509 held after · footnotes F1 and F7
- Line 6
- S (sale) · 3,003 Common Stock at $202.46 · Mar 12, 2026 · disposed, directly · 3,147,506 held after · footnotes F1 and F8
- Line 7
- S (sale) · 1,500 Common Stock at $203.15 · Mar 12, 2026 · disposed, directly · 3,146,006 held after · footnotes F1 and F9
- Derivative line 1
- A (grant or award) · 362,906 PRSU Award at $0.00 · Mar 15, 2026 · acquired, directly · 362,906 held after · footnotes F12 and F13
- Footnote F1
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 9, 2025.
- Footnote F2
- Transaction executed in multiple trades at prices ranging from $196.73 to $197.72 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 F3
- Includes: (i) an annuity distribution on March 12, 2026 of 48,402 shares of the Issuer's Common Stock from the Reporting Person's Grantor Retained Annuity Trust 2025 GRAT A, dated March 12, 2025, to the Reporting Person; and (ii) an annuity distribution of 30,128 shares of the Issuer's Common Stock from the Reporting Person's Grantor Retained Annuity Trust 2025 GRAT B, dated March 12, 2025, to the Reporting Person, as described in footnotes 10 and 11 below.
- Footnote F4
- Transaction executed in multiple trades at prices ranging from $197.73 to $198.72 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 $198.73 to $199.72 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
- Transaction executed in multiple trades at prices ranging from $199.73 to $200.37 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 F7
- Transaction executed in multiple trades at prices ranging from $200.84 to $201.62 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 F8
- Transaction executed in multiple trades at prices ranging from $201.93 to $202.90 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 F9
- Transaction executed in multiple trades at prices ranging from $202.93 to $203.59 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 F10
- On March 12, 2026, 48,402 shares were distributed to the Reporting Person as an annuity.
- Footnote F11
- On March 12, 2026, 30,128 shares were distributed to the Reporting Person as an annuity.
- Footnote F12
- The number of performance-based restricted stock units (PRSU) that may be earned is based on achievement of AMD common stock price hurdles during the performance period that begins on March 15, 2026 and ends on March 15, 2031 (or, if earlier, the date of a change of control of AMD or the Reporting Person's death or disability), with potential payouts at 0%, 50%, 100%, 150% and 200% of the target number of PRSUs. Achievement of each AMD common stock price hurdle is determined using the average closing price of AMD's common stock over any 90-consecutive-trading-day period during the performance period. PRSUs that become earned on or before the 3rd anniversary of the grant date will vest 50% on the 3rd anniversary of the grant date and 50% on the 5th anniversary of the grant date, in each case generally subject to the Reporting Person's continued employment or service as AMD's Chief Executive Officer and/or as Executive Chair of AMD's Board of Directors.
- Footnote F13
- The actual number of PRSUs that may be earned, if at all, will be based on actual performance with respect to the performance vesting conditions described in footnote 12, above. Earned and vested PRSUs will generally be settled following the vesting date(s) described in footnote 12.
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