Form 4: AMD Executive Forrest Eugene Norrod Reports Stock Transactions
SEC Form 4 Filing
Forrest Eugene Norrod, EVP & GM DESG at Advanced Micro Devices (AMD), reports the acquisition and disposal of common stock and derivative securities.
Summary
- On August 15, 2024, Forrest Eugene Norrod, an executive at Advanced Micro Devices (AMD), reported transactions involving AMD's common stock and performance stock units (PRSUs).
- Norrod acquired 35,498 shares of common stock upon the vesting of performance stock units.
- He also disposed of 13,969 shares to cover tax obligations at a price of $147.36 per share.
- Following these transactions, Norrod directly owns 293,347 shares of AMD common stock.
Sentiment
Score: 5
Explanation: The document simply reports stock transactions, which is a neutral event. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are closely monitored by investors for insights into management's confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 08/09/2021 | Date of PRSU award grant |
| 08/15/2024 | Date of stock transactions (acquisition and disposal) |
| 08/16/2024 | Date of signature on the report |
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