Form 4: AMD Director Elizabeth Vanderslice Transfers Shares to Grantor Retained Annuity Trust
SEC Form 4 Filing
Director Elizabeth Vanderslice transferred 30,000 shares of Advanced Micro Devices (AMD) common stock to a grantor retained annuity trust on August 5, 2024.
Summary
- On August 5, 2024, Elizabeth W. Vanderslice, a director of Advanced Micro Devices Inc. (AMD), transferred 30,000 shares of AMD common stock to a grantor retained annuity trust.
- Vanderslice serves as the sole annuitant of this trust.
- The transaction involved a contribution of shares valued at $0 each to the trust.
- Following the transaction, Vanderslice directly owns 26,417 shares and indirectly owns 45,859 shares through EV Grantor Annuity Trusts.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to estate planning and doesn't indicate positive or negative sentiment towards the company's performance.
Industry Context
This is a routine disclosure related to insider transactions and doesn't necessarily reflect a change in the company's outlook or performance. It is a common estate planning strategy.
Stakeholder Impact
- The transaction is unlikely to have a direct impact on AMD's stakeholders, as it is a personal financial matter for the director.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Date of the share transfer to the grantor retained annuity trust. |
| 08/06/2024 | Date of signature on the Form 4 filing. |
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