AMD EVP & GM DSG Forrest Norrod Exercises Options and Sells $9.3M in Common Stock

Insider Transaction Overview\n\nOn October 15, 2026, Forrest Eugene Norrod, Executive Vice President and General Manager of Data Center Solutions Business Group (DSG) at Advanced Micro Devices, Inc. (AMD), executed transactions consisting of an option exercise and subsequent sales under a pre-established Rule 10b5-1 trading plan.\n\n### Key Transaction Details\n\n- Option Exercise: Exercised options for 7,262 shares of Common Stock at an exercise price of $84.85 per share.\n- Shares Sold: A total of 17,262 shares of Common Stock were sold across nine price tranches ranging from $535.15 to $543.03, generating total gross proceeds of approximately $9.33 million (weighted average price of ~$540.70 per share).\n- Post-Transaction Holdings: Following these transactions, Norrod directly holds 353,317 shares of AMD Common Stock.\n\n### Context and Trading Significance\n\n- Rule 10b5-1 Plan: Both the option exercise and open-market sales were executed pursuant to a Rule 10b5-1 trading plan adopted on May 20, 2026.\n- Significance: Classified as Medium significance due to the substantial dollar value ($9.33M), mitigated by the fact that it was pre-scheduled under a 10b5-1 plan and the insider continues to maintain a substantial equity stake of over 353k shares.