Form 4: AMD CEO Lisa Su Transfers Shares to Grantor Retained Annuity Trusts

Lisa Su, CEO of Advanced Micro Devices (AMD), reports the disposition of 41,411 shares of common stock and updates her beneficial ownership through various Grantor Retained Annuity Trusts.

Summary

• On June 7, 2024, Lisa Su, the Chair, President, and CEO of Advanced Micro Devices Inc. (AMD), reported a transaction involving AMD's common stock.
• She disposed of 41,411 shares of common stock at a price of $0.
• Following the transaction, Lisa Su directly owns 2,960,666 shares.
• She also indirectly owns shares through several Grantor Retained Annuity Trusts: 95,725 shares via Grantor Retained Annuity Trust 2021B, 168,601 shares via Grantor Retained Annuity Trust 2021C, 166,017 shares via Grantor Retained Annuity Trust LTS 2022 GRAT A, and 187,787 shares via Grantor Retained Annuity Trust LTS 2022 GRAT B.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common for executives of publicly traded companies like AMD. These transactions can be related to estate planning, tax optimization, or diversification of assets.

Comparison to Industry Standards

• Executive stock transactions are a normal part of compensation and wealth management in publicly traded companies.
• Similar transactions are regularly reported by executives at companies like Intel (INTC), NVIDIA (NVDA), and Qualcomm (QCOM).

Stakeholder Impact

• The transaction itself is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors, as it is a personal financial matter for the CEO.

Key Dates