AMD officer Forrest Eugene Norrod sold $8.68 million of shares on Sep 15, 2026
Forrest Eugene Norrod, an AMD officer listed as EVP & GM DSG, sold 17,261 AMD shares on Sep 15, 2026, at an average of $503.05 a share for $8.68 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 7,261 shares at $84.85 a share, and it states 363,317 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 May 20, 2026. The source is the Form 4 filed with the SEC on Sep 17, 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 DSG)
- the side of the trades on the formsale
- shares sold17,261
- the day of the salesSep 15, 2026
- the average price per share of the sales$503.05
- the value of the sales$8.68 million
- the stock option exercise line of the formexercise of a derivative security (code M): 7,261 shares acquired on Sep 15, 2026 at $84.85 per share; held directly; 380,578 owned after the line
- the shares held after the last sale lineafter the last sale line the form states 363317 shares of Common Stock held directly
- how the sold shares were held9 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 Sep 17, 2026 (it is attached to that document's line N2, N3, N4, N5, N6, N7, N8, N9, N10)May 20, 2026Footnotes of the Form 4 filed Sep 17, 2026 ↗
- the day the Form 4 was filedSep 17, 2026
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The record
- Issuer
- AMD (CIK 2488, filed as ADVANCED MICRO DEVICES INC)
- Form
- 4
- Accession
- 0000002488-26-000180
- Filed
- Sep 17, 2026
- Period of report
- Sep 15, 2026
- Reporting owner
- Forrest Eugene Norrod (CIK 1622864, filed as Norrod Forrest Eugene)
- Relationship
- officer (EVP & GM DSG)
- Rule 10b5-1 checkbox
- Ticked
- Line 1
- M (exercise of a derivative security) · 7,261 Common Stock at $84.85 · Sep 15, 2026 · acquired, directly · 380,578 held after · footnote F1
- Line 2
- S (sale) · 757 Common Stock at $498.30 · Sep 15, 2026 · disposed, directly · 379,821 held after · footnotes F2 and F3
- Line 3
- S (sale) · 100 Common Stock at $498.98 · Sep 15, 2026 · disposed, directly · 379,721 held after · footnote F2
- Line 4
- S (sale) · 1,017 Common Stock at $500.67 · Sep 15, 2026 · disposed, directly · 378,704 held after · footnotes F2 and F4
- Line 5
- S (sale) · 1,655 Common Stock at $501.70 · Sep 15, 2026 · disposed, directly · 377,049 held after · footnotes F2 and F5
- Line 6
- S (sale) · 5,878 Common Stock at $502.45 · Sep 15, 2026 · disposed, directly · 371,171 held after · footnotes F2 and F6
- Line 7
- S (sale) · 4,604 Common Stock at $504.00 · Sep 15, 2026 · disposed, directly · 366,567 held after · footnotes F2 and F7
- Line 8
- S (sale) · 2,225 Common Stock at $505.12 · Sep 15, 2026 · disposed, directly · 364,342 held after · footnotes F2 and F8
- Line 9
- S (sale) · 726 Common Stock at $505.90 · Sep 15, 2026 · disposed, directly · 363,616 held after · footnotes F2 and F9
- Line 10
- S (sale) · 299 Common Stock at $506.88 · Sep 15, 2026 · disposed, directly · 363,317 held after · footnotes F2 and F10
- Derivative line 1
- M (exercise of a derivative security) · 7,261 Stock Option Grant at $0.00 · Sep 15, 2026 · disposed, directly · 7,262 held after · footnote F11
- 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 May 20, 2026.
- 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 May 20, 2026.
- Footnote F3
- Transaction executed in multiple trades at prices ranging from $497.98 to $498.96 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 $500.12 to $501.09 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 $501.15 to $502.12 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 $502.25 to $503.15 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 $503.47 to $504.45 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 $504.48 to $505.42 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 $505.51 to $506.15 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
- Transaction executed in multiple trades at prices ranging from $506.80 to $506.92 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 F11
- The options vest 1/3 on each of August 9, 2021, 2022 and 2023.
Insider purchases and sales of AMD shares, 12 months
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