Form 4: AMD Executive Darla M. Smith Reports Stock Transactions

Darla M. Smith, Chief Accounting Officer of Advanced Micro Devices (AMD), reported the acquisition and disposal of AMD common stock and restricted stock units on March 15, 2024.

Summary

• On March 15, 2024, Darla M. Smith, the Chief Accounting Officer of Advanced Micro Devices (AMD), engaged in transactions involving AMD's common stock and restricted stock units (RSUs).
• Smith acquired 1,934 shares of common stock through the vesting of RSUs.
• Concurrently, Smith disposed of 673 shares of common stock to satisfy tax withholding obligations related to the RSU release at a price of $191.06 per share.
• Following these transactions, Smith directly owns 5,470 shares of AMD common stock.
• Smith also continues to hold RSUs, each representing a contingent right to receive one share of AMD's common stock, which vest 100% on the first anniversary of the grant date.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, and does not inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine stock activity by an executive.

Key Dates