StockDriftsADVANCED MICRO DEVICES INC · AMD · 4 · Filed
EVP & GM DSG Norrod sells $8.7M of stock under 10b5-1 plan
AMD
4
Insider trades
Insider sell
Source: SEC EDGAR, accession 0000002488-26-000180
What did ADVANCED MICRO DEVICES INC announce?
AMD EVP & GM DSG Forrest Eugene Norrod sold 17,261 shares for $8,683,156 at $498.30-$506.88 under a pre-arranged 10b5-1 plan, leaving 380,578 shares directly held.
Key details
- Sale executed in nine open-market tranches on 09/15/2026, from 757 shares at $498.30 up to 5,878 shares at $502.45, with the top print at $506.88.
- Same-day exercise of 7,261 stock options at $84.85, an award expiring 08/09/2027; 7,262 derivative securities remain outstanding.
- Direct beneficial ownership fell to 380,578 common shares after the transactions.
- Transaction was made under a pre-arranged 10b5-1 plan and reported on a Form 4 signed 09/16/2026.
Why it matters
This 4 reports an insider transaction at ADVANCED MICRO DEVICES INC. The likely share-price reaction reads as neutral.
Neutral