Form 4: AMD Executive Victor Peng Reports Stock Transactions
SEC Form 4 Filing
Victor Peng, President of AMD, reports the acquisition and disposal of AMD common stock related to the vesting of restricted stock units.
Summary
- On March 15, 2024, Victor Peng, President of AMD, reported transactions involving AMD common stock.
- These transactions included the acquisition of 28,840 shares of common stock upon the vesting of restricted stock units (RSUs).
- Simultaneously, 13,516 shares were disposed of to satisfy tax withholding obligations at a price of $191.06 per share.
- Following these transactions, Peng directly owns 15,324 shares and indirectly owns 236,266 shares through a trust.
- He also directly owns 28,841 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily reflect the execution of pre-existing compensation plans.
Key Dates
| Date | Description |
|---|---|
| 03/15/2023 | First vesting date of 1/3 of the RSUs |
| 03/15/2024 | Date of stock transactions: acquisition of shares from RSU vesting and disposal for tax obligations; second vesting date of 1/3 of the RSUs |
| 03/15/2025 | Final vesting date of 1/3 of the RSUs |
| 03/19/2024 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.