Papermaster Mark D 4
4 · ADVANCED MICRO DEVICES INC · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
AMD CTO Mark Papermaster Gifts 413,212 Shares to GRATs
What Happened
Mark D. Papermaster, Chief Technology Officer & EVP of Advanced Micro Devices, reported gift transfers on February 24, 2026. The filing shows two separate contributions of 206,606 shares each (total 413,212 shares) to grantor-retained annuity trusts. Each transaction is coded as a gift (G) and reported with $0 cash consideration in the Form 4.
Key Details
- Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (appears to be timely).
- Transactions: Two gift transfers of 206,606 shares each (total 413,212 shares). Price/consideration reported as $0 (gifts).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — 206,606 shares contributed to a GRAT where Papermaster serves as sole trustee and annuitant. F2 — 206,606 shares contributed to a GRAT where his spouse serves as sole trustee and annuitant.
- Transaction code: G = Gift.
Context
Grantor-retained annuity trusts (GRATs) are commonly used for estate-planning purposes to transfer potential future appreciation out of an estate; such transfers are not the same as open-market sales or purchases and do not, by themselves, signal insider bullish/bearish trading. The filing records the transfers as gifts (no cash proceeds).
Insider Transaction Report
- Gift
Common Stock
[F1]2026-02-24−206,606→ 1,507,399 total - Gift
Common Stock
[F2]2026-02-24−206,606→ 1,300,793 total - Gift
Common Stock
[F1]2026-02-24+206,606→ 206,606 total(indirect: Mark D Papermaster AMD GRAT #1) - Gift
Common Stock
[F2]2026-02-24+206,606→ 206,606 total(indirect: Kathryn M Papermaster AMD GRAT #1)
Footnotes (2)
- [F1]On February 24, 2026, the Reporting Person contributed 206,606 shares of the Issuer's Common Stock to a grantor retained annuity trust for which the Reporting Person serves as sole trustee and annuitant.
- [F2]On February 24, 2026, the Reporting Person contributed 206,606 shares of the Issuer's Common Stock to a grantor retained annuity trust for which the Reporting Person's spouse serves as sole trustee and annuitant.