Advanced Micro Devices (AMD) EVP Forrest Norrod exercises options, sells stock

Rhea-AI Filing Summary

Advanced Micro Devices executive Forrest Eugene Norrod, EVP & GM DESG, reported option exercises and share sales in AMD common stock on February 11, 2026. He exercised a stock option for 8,200 shares at an exercise price of $34.19 per share, increasing his directly held common stock to 308,548 shares.

On the same date, he executed several open-market sales of AMD common stock: 4,141 shares at $215.12, 3,607 shares at $216.22, 11,602 shares at $217.59, and 100 shares at $217.72. After these transactions, he directly owned 289,098 shares of common stock and 8,237 stock options.

Footnotes state that both the option exercises and the sales were carried out under a Rule 10b5-1 trading plan adopted on June 6, 2025, with sale prices in some trades reported as weighted averages over ranges between $214.68 and $217.68 per share.

Insider Trade Summary

Net Seller: 19,450 shares ($4,216,969)

Net Sell 6 txns

Insider Norrod Forrest Eugene

Role EVP & GM DESG

Sold 19,450 shs ($4.22M)

Type	Security	Shares	Price	Value
Exercise	Stock Option Grant	8,200	$0.00	--
Exercise	Common Stock	8,200	$34.19	$280K
Sale	Common Stock	4,141	$215.12	$891K
Sale	Common Stock	3,607	$216.22	$780K
Sale	Common Stock	11,602	$217.59	$2.52M
Sale	Common Stock	100	$217.72	$22K

Holdings After Transaction: Stock Option Grant — 8,237 shares (Direct); Common Stock — 308,548 shares (Direct)

Footnotes (1)

1. The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2025. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 6, 2025. Transaction executed in multiple trades at prices ranging from $214.68 to $215.67 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. Transaction executed in multiple trades at prices ranging from $215.68 to $216.63 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. Transaction executed in multiple trades at prices ranging from $216.70 to $217.68 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. The options vest 1/3 on each of August 9, 2020, 2021 and 2022.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Norrod Forrest Eugene

(Last) (First) (Middle)

2485 AUGUSTINE DRIVE

(Street)

SANTA CLARA CA 95054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ADVANCED MICRO DEVICES INC [ AMD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & GM DESG

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/11/2026		M		8,200(1)	A	$34.19	308,548	D
Common Stock	02/11/2026		S		4,141(2)	D	$215.12(3)	304,407	D
Common Stock	02/11/2026		S		3,607(2)	D	$216.22(4)	300,800	D
Common Stock	02/11/2026		S		11,602(2)	D	$217.59(5)	289,198	D
Common Stock	02/11/2026		S		100(2)	D	$217.72	289,098	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option Grant	$34.19	02/11/2026		M			8,200	(6)	08/09/2026	Common Stock	8,200	$0	8,237	D

Explanation of Responses:

1. The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2025.

2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 6, 2025.

3. Transaction executed in multiple trades at prices ranging from $214.68 to $215.67 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

4. Transaction executed in multiple trades at prices ranging from $215.68 to $216.63 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

5. Transaction executed in multiple trades at prices ranging from $216.70 to $217.68 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

6. The options vest 1/3 on each of August 9, 2020, 2021 and 2022.

Remarks:

	/s/Forrest Eugene Norrod	02/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did AMD EVP Forrest Norrod report in this Form 4 for AMD?

Forrest Eugene Norrod, an AMD EVP, reported exercising 8,200 stock options at $34.19 per share and selling multiple blocks of AMD common stock on February 11, 2026, while ending with 289,098 directly held shares and 8,237 derivative securities.

How many AMD shares did Forrest Norrod acquire through option exercise?

Forrest Norrod exercised options covering 8,200 AMD shares at an exercise price of $34.19 per share. This derivative conversion increased his directly held common stock to 308,548 shares before subsequent open-market sales on the same day reduced his holdings.

At what prices did Forrest Norrod sell AMD common stock on February 11, 2026?

He sold AMD common stock in several trades at weighted average prices of $215.12, $216.22, $217.59, and $217.72 per share. Footnotes note underlying trade price ranges from $214.68 up to $217.68 per share across those transactions.

How many AMD shares does Forrest Norrod own after the reported transactions?

After the February 11, 2026 transactions, Forrest Norrod directly owned 289,098 shares of AMD common stock. He also held 8,237 derivative securities in the form of stock options, following the reported 8,200-share option exercise and subsequent open-market stock sales.

Were Forrest Norrod’s AMD trades made under a Rule 10b5-1 plan?

Yes. The filing states both the stock option exercises and the AMD share sales were effected under a Rule 10b5-1 trading plan adopted by Forrest Norrod on June 6, 2025, which pre-schedules trades according to predetermined instructions.

What role does Forrest Norrod hold at Advanced Micro Devices (AMD)?

Forrest Eugene Norrod is reported as an officer of Advanced Micro Devices with the title “EVP & GM DESG.” The Form 4 indicates he is not a director and not a 10% owner, but a senior executive officer of the company.