Su Lisa T 4

What Happened

• Lisa Su (Chair, President & CEO of Advanced Micro Devices, AMD) sold a total of 125,000 shares in open‑market transactions on February 11, 2026. The sales were executed in ten lots at weighted average prices between $210.18 and $219.18 per share, generating approximately $26.8 million in proceeds.
• Individual lots (shares @ reported weighted avg. price = value):
  7,949 @ $210.18 = $1,670,721; 16,366 @ $211.06 = $3,454,208; 11,630 @ $212.02 = $2,465,793; 19,103 @ $213.08 = $4,070,467; 12,033 @ $213.86 = $2,573,377; 6,856 @ $215.03 = $1,474,246; 14,565 @ $216.17 = $3,148,516; 14,005 @ $216.89 = $3,037,544; 20,988 @ $217.75 = $4,570,137; 1,505 @ $219.18 = $329,866.
• These were sales (transaction code S). Sales under a pre‑arranged Rule 10b5‑1 trading plan are commonly routine and do not necessarily indicate a change in the insider’s view of the company.

Key Details

• Transaction date: February 11, 2026; Form 4 filed February 13, 2026 (appears timely).
• Prices: reported weighted averages per lot from $210.18 to $219.18; underlying execution price ranges across lots (per footnotes) span about $209.52 to $219.35 per share.
• Total shares sold: 125,000; approximate proceeds: $26,794,875 (~$26.8M).
• Shares owned after transaction: not disclosed in the excerpt provided. The full Form 4 may list remaining beneficial ownership.
• Notable footnotes: sales were effected pursuant to a Rule 10b5‑1 plan adopted Sept 9, 2025; several lots were executed in multiple trades with disclosed price ranges (detailed in filing).
• Filing timeliness: filing date indicates the Form 4 was submitted within the standard reporting window (no late‑filing flag provided).

Context

• 10b5‑1 plans: these are pre‑arranged trading plans that allow insiders to sell shares according to preset rules and schedules; such plans reduce the likelihood that trades reflect recent material nonpublic information, though they do not prove intent.
• For retail investors: purchases by insiders tend to be more informative than scheduled sales; here, the transaction is a significant monetization event by the CEO but was executed under a 10b5‑1 plan.