ADVANCED MICRO DEVICES INC 8-K

What Happened
Advanced Micro Devices, Inc. (AMD) announced on January 20, 2026 (effective January 16, 2026) that the Board increased from eight to nine directors and appointed KC McClure as a director. Ms. McClure was also added to the Board’s Audit and Finance Committee and has been determined to qualify as an independent director under Nasdaq and SEC rules.

Key Details

• Board size increased from eight to nine directors; KC McClure filled the new vacancy (effective Jan 16, 2026).
• Ms. McClure was granted 1,278 restricted stock units on Jan 16, 2026; the grant vests in full on the one-year anniversary of the grant date.
• She will receive the same compensation as other non-employee directors under AMD’s established policies (referenced in AMD’s March 28, 2025 proxy and Nov 5, 2025 Form 10-Q exhibit).
• Ms. McClure is expected to enter AMD’s standard indemnity agreement (form previously filed).

Why It Matters
This is a governance update that adds an independent director and strengthens the Board’s audit and finance oversight by placing Ms. McClure on that committee. For investors, changes to board composition and committee membership can affect oversight of financial reporting and strategy. The filing is informational and does not report changes to executive management or financial results.