Form 4: AMD EVP Sells 10,000 Shares Under 10b5-1 Plan

Advanced Micro Devices' EVP & CSO, Paul Darren Grasby, sold 10,000 shares of common stock for approximately $2.19 million.

Summary

• Paul Darren Grasby, EVP & CSO of Advanced Micro Devices Inc. (AMD), sold 10,000 shares of AMD common stock.
• The transaction occurred on December 4, 2025.
• The shares were sold at a weighted average price of $218.77 per share, with prices ranging from $218.75 to $218.84.
• The total value of the shares sold is approximately $2,187,700.
• Following this transaction, Mr. Grasby beneficially owns 133,344 shares of AMD common stock.
• The sale was executed pursuant to a Rule 10b5-1 trading plan.

Sentiment

Score: 5

Explanation: A neutral score. While an executive sale can be seen as a slight negative, the fact it's a 10b5-1 plan makes it a routine event rather than a signal of immediate concern. The amount sold is also a fraction of total holdings.

Positives

• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-arranged sale not based on immediate insider information.

Negatives

• An executive selling a significant number of shares could be perceived negatively by some investors, potentially signaling a desire to diversify or take profits.

Future Outlook

NA

Industry Context

This is an individual insider transaction and does not directly reflect broader industry trends. However, executive sales are routinely monitored by investors for insights into management's perception of the company's valuation relative to its peers in the semiconductor industry.

Stakeholder Impact

• Shareholders may interpret the sale as a signal, though the 10b5-1 plan mitigates concerns about opportunistic selling. The impact is likely minimal given the routine nature of such sales.

Key Dates

Recommendation

The sale by an EVP, while notable, was executed under a pre-arranged 10b5-1 plan, which suggests it's part of routine financial planning rather than a reaction to new, negative information. The amount sold represents a relatively small portion of the executive's total holdings. This transaction alone does not provide sufficient new information to warrant a change in investment thesis for AMD, hence a 'hold' recommendation is appropriate, maintaining current positions while monitoring broader company performance and market conditions.

Keywords

Advanced Micro Devices, AMD, Insider Trading, Form 4, Stock Sale, Executive Compensation, Paul Darren Grasby, 10b5-1 Plan