Form 4: AMD CTO Mark Papermaster's Equity Transactions

Advanced Micro Devices' Chief Technology Officer, Mark Papermaster, reported the vesting of restricted stock units and subsequent tax-related share withholding.

Summary

• Mark Papermaster, AMD's Chief Technology Officer and EVP, reported equity transactions on August 9, 2025.
• He acquired 12,633 shares of common stock through the vesting of restricted stock units (RSUs) at a price of $0.00.
• Concurrently, 4,973 shares were disposed of at a price of $172.76 per share to satisfy tax withholding obligations related to the RSU vesting.
• Following these transactions, Papermaster directly beneficially owns 1,721,370 shares of AMD common stock.
• The acquired shares originated from three tranches of RSUs, with portions vesting on August 9, 2025, as part of their respective schedules extending to 2026, 2027, and 2028.

Sentiment

Score: 5

Explanation: The filing reports routine executive equity transactions, including RSU vesting and tax-related share withholding, which are neutral events in terms of company performance or outlook.

Positives

• The acquisition of 12,633 common shares through RSU vesting indicates continued equity compensation for a key executive.
• Mark Papermaster maintains a significant direct beneficial ownership of 1,721,370 shares, aligning his interests with shareholders.

Negatives

• 4,973 shares were sold to cover tax obligations, which is a routine event but represents a reduction in direct ownership.

Stakeholder Impact

• Shareholders: The executive's continued significant equity ownership aligns his interests with shareholders. The tax-related sale is a minor, routine reduction in direct ownership.

Key Dates

Keywords

AMD, Advanced Micro Devices, Mark Papermaster, SEC Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Equity Compensation, Chief Technology Officer, Executive Compensation