GUIDO PHILIP 4

What Happened

• Guido Philip, EVP & Chief Commercial Officer of Advanced Micro Devices (AMD), had 44,964 shares issued on March 1, 2026 in settlement of performance-based restricted stock units (PRSUs). No cash was paid to acquire these shares (conversion/exercise at $0.00). To cover tax withholding, 16,964 of those shares were surrendered at an effective price of $200.21 per share, generating a withheld value of $3,396,362. That leaves a net of 28,000 shares retained by the reporting person from this settlement. This was an award settlement (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-03-01; Form 4 filed 2026-03-03 (no late filing indicated).
• Shares issued/converted: 44,964 shares (PRSU settlement); conversion/exercise reported at $0.00.
• Shares withheld for taxes: 16,964 shares at $200.21/sh = $3,396,362 (share surrender to satisfy withholding).
• Net shares retained from the settlement: 28,000 (44,964 issued minus 16,964 withheld).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 = shares withheld to satisfy withholding tax; F2 = each PRSU converts to one share; F3 = these shares were issued in settlement of PRSUs granted June 15, 2023.

Context

• This filing records a routine vesting/settlement of PRSUs and the standard tax-withholding by surrendering shares (similar to a cashless withholding). It is not an open-market sale or purchase and therefore does not necessarily signal a change in the insider’s market view. PRSUs are contingent awards that become shares only when performance/vesting conditions are met.