Form 4: AMD CFO Sells Shares Under 10b5-1 Plan

Advanced Micro Devices' EVP, CFO, and Treasurer, Jean X. Hu, sold 14,506 shares of common stock on November 24, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Jean X. Hu, the Executive Vice President, Chief Financial Officer, and Treasurer of Advanced Micro Devices Inc. (AMD), reported the sale of common stock.
• A total of 14,506 shares of AMD common stock were disposed of on November 24, 2025.
• The sales were executed in multiple trades at weighted average prices ranging from $206.57 to $212.7 per share.
• These transactions were conducted pursuant to a Rule 10b5-1 trading plan, which was adopted by the Reporting Person on August 22, 2025.
• Following these reported transactions, Jean X. Hu directly beneficially owns 25,532 shares of AMD Common Stock.
• An additional 25,000 shares are indirectly beneficially owned through the Hu 2025 GRAT-1 (Grantor Retained Annuity Trust).

Sentiment

Score: 5

Explanation: The filing reports a routine, pre-planned insider stock sale under a 10b5-1 plan, which is generally considered neutral in terms of market sentiment as it does not typically signal new information about the company's performance or outlook.

Positives

• The sales were executed under a Rule 10b5-1 trading plan, indicating a pre-scheduled and non-discretionary transaction, which typically reduces concerns about insider sentiment.

Negatives

• Insider selling, even if pre-planned, reduces the executive's direct equity stake in the company.

Risks

• While pre-planned, a consistent pattern of insider selling could be interpreted by some investors as a lack of confidence, though this single filing does not establish such a pattern.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

Rule 10b5-1 trading plans are a common mechanism for corporate insiders to sell company stock in a pre-arranged, compliant manner, helping to avoid accusations of trading on material non-public information. Such sales are a routine part of executive compensation and personal financial planning across various industries.

Related Party Transactions

• Jean X. Hu indirectly holds 25,000 shares through the Hu 2025 GRAT-1 (Grantor Retained Annuity Trust), which is a related party arrangement for estate planning purposes.

Stakeholder Impact

• Minimal impact on shareholders, as these are routine, pre-planned sales by an executive and do not indicate a change in company fundamentals or strategy.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

AMD, Advanced Micro Devices, insider trading, Form 4, stock sale, 10b5-1 plan, Jean Hu, CFO, equity disposition