AMD Executive Forrest Norrod Files Form 144 to Sell $9.33M in Common Stock

Executive Summary

On October 15, 2026, Forrest E Norrod, Officer at Advanced Micro Devices, Inc. ($AMD), filed Form 144 noticing the proposed sale of 17,262 shares of Common Stock with an estimated aggregate market value of $9,333,572.65 (approximately $540.70 per share).

Transaction & Acquisition Details

The 17,262 shares scheduled for sale are composed of:

1. 10,000 shares acquired on August 16, 2023, via Performance Shares from the issuer.
2. 7,262 shares acquired on October 15, 2026, through a Stock Option Exercise paid in cash.

The transaction is planned under a Rule 10b5-1 trading plan adopted on May 20, 2026.

Historical Insider Activity (Past 3 Months)

Mr. Norrod has executed regular monthly planned sales over the previous two months:

• September 15, 2026: 17,261 shares sold for $8,683,128.62 gross proceeds.
• August 24, 2026: 17,261 shares sold for $7,939,129.73 gross proceeds.

Market & Governance Impact

• Significance Level: Medium. While the dollar amount is sizable (~$9.33M), the sale represents an immaterial fraction of AMD's total outstanding shares (1,632,475,042 shares) and follows a pre-established 10b5-1 plan established on May 20, 2026, indicating routine scheduled diversification rather than opportunistic selling.