Form 4 | AMD CTO & EVP Mark D Papermaster sold 31,320 shares of common stock under a 10b5-1 plan

Filings Track04-29 04:15

According to the latest Form 4 filing, Mark D Papermaster, Chief Technology Officer and Executive Vice President of Advanced Micro Devices Inc. (AMD), sold 31,320 shares of AMD common stock on April 24, 2026 at an approximate price of $350 per share. The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on November 14, 2025. Following the transaction, he directly owns 1,236,037 shares and indirectly holds 206,606 shares in each of two grantor retained annuity trusts named “Mark D Papermaster AMD GRAT #1” and “Kathryn M Papermaster AMD GRAT #1”. As this is a planned 10b5-1 sale, it is generally viewed as part of routine portfolio or liquidity management rather than a signal of changing fundamentals. However, ongoing executive share sales near elevated price levels can be interpreted by some investors as a cautious or mildly bearish indicator, and the market may watch subsequent filings closely.

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