Hu Jean X. 4

What Happened
Jean X. Hu, EVP, Chief Financial Officer and Treasurer of Advanced Micro Devices, had 131,942 performance-based restricted stock units (PRSUs) vest and convert into common stock on March 1, 2026. All 131,942 shares were issued (reported as an exercise/conversion of a derivative at $0), and 51,920 of those shares were withheld to satisfy his tax withholding obligation at a per-share value of $200.21, totaling $10,394,903. After withholding, Hu received a net ~80,022 shares. The withholding is a tax-payment disposition, not an open-market sale.

Key Details

• Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (appears timely).
• Shares issued on vesting/settlement: 131,942 PRSUs → 131,942 common shares (reported as derivative conversion, code M).
• Shares withheld for taxes: 51,920 shares disposed at $200.21 each = $10,394,903 (code F).
• Net shares added to holdings: 131,942 issued − 51,920 withheld = 80,022 shares.
• Footnotes: F1 = shares withheld to satisfy withholding tax; F2 = each PRSU = 1 share; F3 = PRSUs were from award granted Feb 15, 2023.
• No indication this was a 10b5-1 sale plan or a gift; the disposal was strictly tax withholding.

Context
This was the settlement of performance-based equity compensation (PRSUs), not a market purchase or a voluntary sale for investment reasons. Withholding shares to cover taxes is routine following vesting and does not, by itself, signal an intent to reduce or increase exposure to the stock.