Papermaster Mark D 4

What Happened
Mark D. Papermaster, Chief Technology Officer and Executive VP of Advanced Micro Devices, sold 31,320 shares of AMD at $350.00 per share on April 24, 2026, producing gross proceeds of $10,962,000. The transaction was a sale (not a purchase), which is commonly routine insider selling rather than a bullish signal.

Key Details

• Transaction date and price: April 24, 2026 — 31,320 shares sold at $350.00 per share.
• Total value: $10,962,000 (gross proceeds).
• Nature of transaction: Open-market sale (disposition).
• Footnote: Sale was made under a Rule 10b5-1 trading plan adopted by Papermaster on November 14, 2025.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Filing: Form 4 filed April 28, 2026 (no late-filing flag indicated in the provided data).

Context
A 10b5-1 plan lets insiders execute prearranged trades at set times or conditions and is often used to avoid timing concerns; sales under such plans are typically seen as routine. For retail investors, purchases by insiders tend to carry more informational weight than routine sales; this report documents a sizable monetization by AMD’s CTO but does not, by itself, indicate a change in company outlook.