AMD officer Forrest Eugene Norrod sold $9.33 million of shares on Oct 15, 2026
Forrest Eugene Norrod, an AMD officer listed as EVP & GM DSG, sold 17,262 AMD shares on Oct 15, 2026, at an average of $540.70 a share for $9.33 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 7,262 shares at $84.85 a share, and it states 353,317 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 Oct 19, 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 sold17,262
- the day of the salesOct 15, 2026
- the average price per share of the sales$540.7
- the value of the sales$9.33 million
- the stock option exercise line of the formexercise of a derivative security (code M): 7,262 shares acquired on Oct 15, 2026 at $84.85 per share; held directly; 370,579 owned after the line
- the shares held after the last sale lineafter the last sale line the form states 353317 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 Oct 19, 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 Oct 19, 2026 ↗
- the day the Form 4 was filedOct 19, 2026
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The record
- Issuer
- AMD (CIK 2488, filed as ADVANCED MICRO DEVICES INC)
- Form
- 4
- Accession
- 0000002488-26-000184
- Filed
- Oct 19, 2026
- Period of report
- Oct 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) · 7,262 Common Stock at $84.85 · Oct 15, 2026 · acquired, directly · 370,579 held after · footnote F1
- Line 2
- S (sale) · 816 Common Stock at $535.15 · Oct 15, 2026 · disposed, directly · 369,763 held after · footnotes F2 and F3
- Line 3
- S (sale) · 823 Common Stock at $536.11 · Oct 15, 2026 · disposed, directly · 368,940 held after · footnotes F2 and F4
- Line 4
- S (sale) · 476 Common Stock at $537.39 · Oct 15, 2026 · disposed, directly · 368,464 held after · footnotes F2 and F5
- Line 5
- S (sale) · 1,208 Common Stock at $538.24 · Oct 15, 2026 · disposed, directly · 367,256 held after · footnotes F2 and F6
- Line 6
- S (sale) · 917 Common Stock at $539.35 · Oct 15, 2026 · disposed, directly · 366,339 held after · footnotes F2 and F7
- Line 7
- S (sale) · 1,969 Common Stock at $540.31 · Oct 15, 2026 · disposed, directly · 364,370 held after · footnotes F2 and F8
- Line 8
- S (sale) · 4,699 Common Stock at $541.16 · Oct 15, 2026 · disposed, directly · 359,671 held after · footnotes F2 and F9
- Line 9
- S (sale) · 2,218 Common Stock at $542.09 · Oct 15, 2026 · disposed, directly · 357,453 held after · footnotes F2 and F10
- Line 10
- S (sale) · 4,136 Common Stock at $543.03 · Oct 15, 2026 · disposed, directly · 353,317 held after · footnotes F2 and F11
- Derivative line 1
- M (exercise of a derivative security) · 7,262 Stock Option Grant at $0.00 · Oct 15, 2026 · disposed, directly · 0 held after · footnote F12
- 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 $534.64 to $535.53 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 $535.65 to $536.53 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 $536.74 to $537.70 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 $537.77 to $538.69 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 $538.78 to $539.72 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 F8
- Transaction executed in multiple trades at prices ranging from $539.86 to $540.83 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 $540.89 to $541.88 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 $541.92 to $542.50 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
- Transaction executed in multiple trades at prices ranging from $543.00 to $543.35 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 F12
- The options vest 1/3 on each of August 9, 2021, 2022 and 2023.
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