Advanced Micro Devices (AMD) director receives 3,014-share annuity payout
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Advanced Micro Devices director Elizabeth W. Vanderslice reported an internal share transfer involving 3,014 AMD common shares. On March 16, 2026, 3,014 shares were distributed to her as an annuity payment from her grantor retained annuity trust EV Grantor Annuity TR 3, as described in the trust terms.
After this annuity distribution, she holds 34,115 AMD shares directly. She also reports indirect holdings of 30,000 shares through EV Grantor Annuity TR 2 and 8,986 shares through EV Grantor Annuity TR 3. The filing records no open‑market purchases or sales, only this trust-related restructuring.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
VANDERSLICE ELIZABETH W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 3,014 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 34,115 shares (Direct);
Common Stock — 30,000 shares (Indirect, EV Grantor Annuity TR 2)
Footnotes (1)
- On March 16, 2026, 3,014 shares were distributed to the Reporting Person as an annuity distribution pursuant to the terms of EV Grantor Annuity TR 3, Reporting Person's grantor retained annuity trust (GRAT 3). Reflects an annuity distribution on March 16, 2026 of 3,014 shares from Reporting Person's GRAT 3.
FAQ
What insider transaction did AMD director Elizabeth Vanderslice report?
Elizabeth Vanderslice reported a trust-related annuity distribution of 3,014 AMD common shares. The shares were distributed to her from her grantor retained annuity trust EV Grantor Annuity TR 3 on March 16, 2026, reflecting an internal restructuring rather than market trading.
What does transaction code J mean in the AMD Form 4 for Vanderslice?
Transaction code J in the AMD Form 4 is described as “other acquisition or disposition.” In this case, it reflects a 3,014-share annuity distribution from Elizabeth Vanderslice’s grantor retained annuity trust, rather than a normal market trade like a straightforward buy or sell.
Does the AMD Form 4 suggest a change in Elizabeth Vanderslice’s overall exposure to AMD stock?
The Form 4 mainly reclassifies where 3,014 AMD shares are held, shifting them from a trust to direct ownership. She still has exposure through 34,115 directly held shares plus 30,000 and 8,986 shares in two annuity trusts, indicating continued significant alignment with AMD equity.