AMD Chair & CEO Lisa Su Disposes Shares Under Rule 10b5-1 Plan and Bona Fide Gift

Executive Summary

On September 14, 2026, Advanced Micro Devices, Inc. ($AMD) filed a Form 4 disclosing transactions by Chair, President & CEO Dr. Lisa T. Su executed on September 10, 2026. The transactions comprised open-market sales totaling 95,000 shares of common stock for an aggregate value of approximately $48.15 million (average price of ~$506.80 per share), along with a bona fide gift of 35,000 shares.

Transaction Breakdown

• Rule 10b5-1 Sales (Direct): 70,000 shares sold in multiple tranches at weighted average prices ranging between $503.74 and $515.55 per share, yielding ~$35.48 million.
• Rule 10b5-1 Sales (Indirect via Trust): 25,000 shares sold by the Lisa Su and Daniel Lin Family Trust dated 11/3/2021 at weighted average prices between $503.72 and $513.72 per share, yielding ~$12.67 million.
• Gift (Direct): 35,000 shares transferred as a gift (Transaction Code 'G') at $0.00.

Plan & Governance Context

• Rule 10b5-1 Trading Plan: All sales were executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on June 8, 2026.
• Remaining Holdings: Dr. Su retains direct ownership of 2,997,156 shares and indirect beneficial ownership of over 720,000 shares across family trusts and Grantor Retained Annuity Trusts (GRATs).

Significance

The trading significance is assessed as Low due to the pre-scheduled nature under a Rule 10b5-1 plan and the reporting person retaining an overwhelming majority of her multi-million share equity stake.