Insider trade

AMD's EVP Forrest Norrod sold ~$388K of shares under a pre-set plan

Traded May 20, 2026 · Filed May 22, 2026

AMDAMD

~$388K
Reported value · 890 sh @ $435.91: 325K
Holds after · shares reported: +37.6%
stock since the trade · S&P 500 +3.1%, $447.58 → $615.73 on Oct 1

Why it stands out

AMD's & GM DESG sold $388K of AMD shares. It was planned long ago, so it says very little.

Sold under a plan set up in advance, so the timing wasn't a fresh decision
Routine for them: 17 sales in the past year
6 insiders at AMD sold within a month

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 20, 2026
Reporting period: Not applicable
Filed with the SEC: May 22, 2026

Officer$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$387,960

Shares × reported transaction price

Timing vs results

15 days after results of May 5, 2026, 76 days before results of Aug 4, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $447.58 on May 20, 2026, within 3% of its 52-week high, after a 93% rise over the previous 30 trading days

52-week range $110.31 (May 23, 2025) to $458.79 (May 11, 2026), 97% of the way up, from 251 adjusted closes. 30 trading days earlier: $231.82 on Apr 8, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+3.5%	+1.2%	+2.3%
30 days	+5.7%	-2.2%	+7.9%
90 days	-9.4%	+1.7%	-11.1%

Past results only. Not a forecast.

Source receipt

Record ID: 0000002488-26-000100
Filed / recorded: May 22, 2026, 9:43 PM UTC
Added to OQRO: Oct 1, 2026, 11:17 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: ADVANCED MICRO DEVICES INC
Issuer CIK: 2488
Ticker: AMD
Reporting person: Forrest Eugene Norrod
Relationship: Officer
Officer title: EVP & GM DESG
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: May 20, 2026
Transaction code: S
Shares / units: 890
Price per share: $435.91
Acquired / disposed: Disposed (D)
Shares owned after: 324,527
Ownership form: Direct
Amendment: No

Footnotes from the filing

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 $435.53 to $436.50 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.