Insider trade

AMD CTO Mark Papermaster sold ~$1.23M in shares under a pre-set plan

Traded Aug 20, 2026 · Filed Aug 21, 2026

~$1.23M
Reported value · 2,600 sh @ $472.36: 1.28M
Holds after · shares reported: +31.2%
stock since the trade · S&P 500 +0.2%, $469.455 → $615.73 on Oct 1

Why it stands out

Mark Papermaster sold about $1.23 million of AMD shares on August 20, 2026. This sale was part of a plan set up in advance, making the timing routine and not a new decision.

Sold under a plan set up in advance, so the timing wasn't a fresh decision
Routine for them: 32 sales in the past year
7 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: Aug 20, 2026
Reporting period: Not applicable
Filed with the SEC: Aug 21, 2026

Officer$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$1,228,136

Shares × reported transaction price

Timing vs results

16 days after 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 $469.455 on Aug 20, 2026, 211% above its 52-week low and 19% below its high, after a 14% drop over the previous 30 trading days

52-week range $151.14 (Sep 5, 2025) to $580.91 (Jun 30, 2026), 74% of the way up, from 251 adjusted closes. 30 trading days earlier: $546.72 on Jul 9, 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	+3.1%	+0.5%	+2.6%
30 days	+34.6%	+0.6%	+34.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0000002488-26-000174
Filed / recorded: Aug 21, 2026, 9:50 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: Mark D Papermaster
Relationship: Officer
Officer title: Chief Technology Officer & EVP
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Aug 20, 2026
Transaction code: S
Shares / units: 2,600
Price per share: $472.36
Acquired / disposed: Disposed (D)
Shares owned after: 1,278,101
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 November 14, 2025.
Transaction executed in multiple trades at prices ranging from $471.90 to $472.83 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.