Form 4: AMD Director Elizabeth Vanderslice Reports Stock Ownership Changes Following GRAT Distribution
Insider Transaction Report
Advanced Micro Devices Inc. Director Elizabeth W. Vanderslice has reported changes in her beneficial ownership of common stock, primarily due to distributions from a grantor retained annuity trust.
Summary
- On June 11, 2025, Elizabeth W. Vanderslice, a Director of Advanced Micro Devices Inc. (AMD), received 15,137 shares of AMD common stock as an annuity distribution from her EV Grantor Annuity TR1 (GRAT 1).
- Concurrently, the remaining 722 shares held by GRAT 1 were distributed to trusts established for the benefit of her children, managed by independent trustees.
- Following these distributions, GRAT 1 has been terminated.
- As of the reporting date, Ms. Vanderslice directly beneficially owns 31,101 shares of AMD common stock.
- She also indirectly beneficially owns 30,000 shares through EV Grantor Annuity TR 2 and 12,000 shares through EV Grantor Annuity TR 3.
Sentiment
Score: 5
Explanation: The document reports a routine insider transaction related to personal estate planning (GRAT distribution) and does not contain information that would significantly impact the company's operational or financial sentiment.
Future Outlook
The document does not contain any forward-looking statements or guidance regarding Advanced Micro Devices Inc.'s business or financial performance.
Industry Context
This Form 4 filing details a routine insider transaction related to a director's personal stock holdings, specifically a distribution from a grantor retained annuity trust (GRAT). It does not provide insights into broader industry trends, competitive landscape, or the operational performance of Advanced Micro Devices Inc.
Related Party Transactions
- The distribution of 722 shares from EV Grantor Annuity TR1 to trusts established for the benefit of the Reporting Person's children.
Stakeholder Impact
- Minimal to none, as this is a personal financial transaction of a director and does not directly impact the company's shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 06/11/2025 | Transaction date for the distribution of 15,137 shares to the Reporting Person and 722 shares to children's trusts from EV Grantor Annuity TR1, leading to its termination. |
| 06/12/2025 | Transaction date for the disposition of the remaining 722 shares from EV Grantor Annuity TR1. |
| 06/13/2025 | Date the Form 4 was signed by Elizabeth W. Vanderslice. |
Keywords
Advanced Micro Devices, AMD, Elizabeth Vanderslice, Form 4, Insider Transaction, Director Stock Ownership, GRAT, Grantor Retained Annuity Trust, Beneficial Ownership, SEC Filing
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