AMD's Mark Papermaster sold $3.6 million of stock on Aug 14
According to a Form 4 (the form an insider files when trading the company's shares), Mark Papermaster, an AMD officer listed as Chief Technology Officer & EVP, sold 7,369 AMD shares for $3.6 million on Aug 14, 2026, shares acquired that day by exercising stock options. After the last sale line the form stated 1,241,347 shares of common stock held directly, and 1,315,324 after the last line of its share table, dated Aug 15. The average price was $487.34 a share, and the form said the exercise and the sale were made under a Rule 10b5-1 trading plan adopted on Nov 14, 2025. The Form 4 is on SEC EDGAR, where it was filed on Aug 18, 2026.1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18
How each figure was checked
- the issuerAMD
- the reporting owner of the Form 4, as filedMark Papermaster
- the reporting owner's relationship to the companyofficer (Chief Technology Officer & EVP)
- the side of the trades the Form 4 reportssale
- the shares traded7,369
- the value of the Form 4 trades$3.59 million
- the first day of the tradesAug 14, 2026
- the last day of the tradesAug 14, 2026
- line N1 of the Form 4exercise of a derivative security (code M): 7,369 shares acquired on Aug 14, 2026 at $84.85 per share; held directly; 1,248,716 owned after the line
- line N2 of the Form 4sale (code S): 7,369 shares disposed on Aug 14, 2026 at $487.34 per share; held directly; 1,241,347 owned after the line
- how the sold shares were held1 sale line held directly
- the shares held after the last sale lineafter the last sale line the form states 1241347 shares of Common Stock held directly
- the last line of the Form 4 share table (line N5)payment of an exercise price or tax in shares (code F): 1,203 shares disposed on Aug 15, 2026 at $514.39 per share; held directly; 1,315,324 owned after the line
- the shares owned after line N5 of the Form 41,315,324 shares of Common Stock owned after this line, held directly
- the average price per share$487.34
- Footnote F2 of the Form 4 filed Aug 18, 2026 (it is attached to that document's line N2)November 14, 2025SEC EDGAR, footnotes and remarks of the Form 4 filed Aug 18, 2026 ↗
- Footnote F1 of the Form 4 filed Aug 18, 2026 (it is attached to that document's line N1)November 14, 2025SEC EDGAR, footnotes and remarks of the Form 4 filed Aug 18, 2026 ↗
- the day the Form 4 was filedAug 18, 2026
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The record
- Issuer
- AMD (CIK 2488, filed as ADVANCED MICRO DEVICES INC)
- Form
- 4
- Accession
- 0000002488-26-000145
- Filed
- Aug 18, 2026
- Period of report
- Aug 14, 2026
- Reporting owner
- Mark Papermaster (CIK 1449649, filed as Papermaster Mark D)
- Relationship
- officer (Chief Technology Officer & EVP)
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- M (exercise of a derivative security) · 7,369 Common Stock at $84.85 · Aug 14, 2026 · acquired, directly · 1,248,716 held after · footnote F1
- Line 2
- S (sale) · 7,369 Common Stock at $487.34 · Aug 14, 2026 · disposed, directly · 1,241,347 held after · footnote F2
- Line 3
- M (exercise of a derivative security) · 121,976 Common Stock at $0.00 · Aug 15, 2026 · acquired, directly · 1,363,323 held after
- Line 4
- F (payment of an exercise price or tax in shares) · 46,796 Common Stock at $514.39 · Aug 15, 2026 · disposed, directly · 1,316,527 held after · footnote F3
- Line 5
- F (payment of an exercise price or tax in shares) · 1,203 Common Stock at $514.39 · Aug 15, 2026 · disposed, directly · 1,315,324 held after · footnote F4
- Derivative line 1
- M (exercise of a derivative security) · 7,369 Stock Option Grant at $0.00 · Aug 14, 2026 · disposed, directly · 0 held after · footnote F5
- Derivative line 2
- M (exercise of a derivative security) · 118,920 Performance Stock Units at $0.00 · Aug 15, 2026 · disposed, directly · 0 held after · footnotes F6 and F7
- Derivative line 3
- M (exercise of a derivative security) · 3,056 Restricted Stock Units at $0.00 · Aug 15, 2026 · disposed, directly · 9,168 held after · footnotes F8 and F9
- Derivative line 4
- A (grant or award) · 11,855 PRSU Award at $0.00 · Aug 15, 2026 · acquired, directly · 11,855 held after · footnotes F10 and F11
- Derivative line 5
- A (grant or award) · 7,903 RSU Award at $0.00 · Aug 15, 2026 · acquired, directly · 7,903 held after · footnotes F8 and F12
- Footnote F1
- The stock option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 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 November 14, 2025.
- Footnote F3
- The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release and settlement of performance-based restricted stock units ("PRSU").
- Footnote F4
- 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").
- Footnote F5
- The options vest 1/3 on each of August 9, 2021, 2022 and 2023.
- Footnote F6
- Each PRSU represents a contingent right to receive one share of AMD's common stock.
- Footnote F7
- Reflects shares issued in settlement of PRSUs earned and vested under PRSU award granted on August 9, 2023.
- Footnote F8
- Each RSU represents a contingent right to receive one share of AMD's common stock.
- Footnote F9
- The RSUs vest 1/4 on August 15, 2026, and then quarterly thereafter until August 15, 2029.
- Footnote F10
- Between 0% and 250% of the target number of PRSUs may be earned depending on (a) the return on AMD's stock price relative to the return of each of the component companies comprising the S&P 500 Index, subject to adjustments, over the performance period that begins August 15, 2026 and ends on August 15, 2029 (or, if earlier, the date immediately preceding the effective date of a change of control of AMD), (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2028 fiscal year non-GAAP earnings per share exceeds AMDs 2026 fiscal year non-GAAP earnings per share. Vesting of any earned PRSUs is generally subject to the Reporting Person's continued employment and/or service with AMD through August 15, 2029 (or the one-year anniversary of a change in control, if earlier).
- Footnote F11
- The actual number of PRSUs that may be earned, if at all, will be determined by the Compensation and Leadership Resources Committee (the "Committee") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 10, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2029, or the date following the Committee's determination of performance.
- Footnote F12
- The RSUs vest 1/4 on August 15, 2027 and then quarterly thereafter until August 15, 2030.
Insider purchases and sales of AMD shares, 12 months
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