Form 4: Lisa T. Su, AMD's Chair, President & CEO, Reports Stock Disposals and Acquisitions Through Annuity Trusts
SEC Form 4
Lisa T. Su, Chair, President & CEO of Advanced Micro Devices Inc., reports the disposal of 30,000 shares of common stock and acquisition of 3,347,230 shares through grantor retained annuity trusts on March 5, 2024.
Summary
- On March 5, 2024, Lisa T. Su, Chair, President & CEO of Advanced Micro Devices Inc. (AMD), reported transactions involving AMD's common stock.
- She disposed of 30,000 shares at $0 price.
- She acquired 3,347,230 shares through various Grantor Retained Annuity Trusts (GRATs).
- These transactions include annuity distributions from several GRATs: 2021A, 2021B, 2021C, LTS 2022 GRAT A, and LTS 2022 GRAT B.
- Following these transactions, Su directly owns 3,347,230 shares and indirectly owns shares through the listed trusts.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transactions may be of interest to AMD shareholders as they provide insight into the holdings and transactions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of stock disposal and acquisition transactions. |
| 03/06/2024 | Date of signature for the Form 4 filing. |
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