HUYNH JACK M 4

What Happened

Jack M. Huynh, Senior Vice President & GM, Computing & Graphics at AMD, had restricted stock units (RSUs) and performance-based RSUs (PRSUs) convert to common stock on February 15, 2026. A total of 39,044 shares were issued on conversion (2,474 + 36,570). To satisfy tax withholding obligations, 14,669 of those shares were withheld at $207.32 per share, generating proceeds of $3,041,177; the net shares delivered to Huynh were 24,375. The exercise/conversion entries show $0.00 per-share exercise price, consistent with vesting of RSU/PRSU awards rather than option purchases.

Key Details

• Transaction date: February 15, 2026; Form filed February 18, 2026.
• Shares issued on conversion/vesting: 39,044 (2,474 + 36,570).
• Shares withheld for tax withholding: 14,669 at $207.32 = $3,041,177.
• Net shares retained by insider after withholding: 24,375 (39,044 − 14,669).
• Filing indicates these were RSU/PRSU settlements (not open-market sales or option purchases).
• Footnotes: RSUs/PRSUs represent contingent rights to one share each; PRSUs reflected were earned/vested from an award granted Feb 15, 2023; withholding was elected to satisfy tax liabilities.
• Shares owned after transaction: Not specified in the provided filing summary.

Context

This was a routine vesting and settlement of equity awards. The withholding of shares to cover taxes (cashless withholding) is common and does not necessarily indicate a sell decision by the insider. Because these were award vestings (not purchases or open-market sales), they generally reflect compensation realization rather than a market-timing trade.