Papermaster Mark D 4
Research Summary
AI-generated summary
AMD CTO Mark Papermaster Sells 3,034 Shares
What Happened
- Mark D. Papermaster, Chief Technology Officer and EVP of Advanced Micro Devices, sold 3,034 shares on March 4, 2026. The sale was at $200.00 per share for gross proceeds of $606,800. This was a sale (routine disposition) rather than a purchase.
Key Details
- Transaction type: Open-market sale (Code S)
- Transaction date: 2026-03-04; Filing date (Form 4): 2026-03-06 — filed within the typical two-business-day window
- Price and amount: 3,034 shares at $200.00 per share; total proceeds $606,800
- Shares owned after transaction: Not specified in the provided filing excerpt
- Footnote: Sales were effected under a Rule 10b5-1 trading plan adopted by Mr. Papermaster on November 14, 2025 (preplanned transactions)
Context
- 10b5-1 plans let insiders sell shares according to a pre-set schedule and are commonly used to avoid timing-based conflicts; such sales are often routine and do not by themselves indicate a change in the insider’s view of the company.
- Retail investors often treat purchases as a stronger signal than routine sales; this transaction appears to be an executed plan rather than a spontaneous trade.