GREGOIRE MICHAEL P 4
Research Summary
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AMD Director Michael P. Gregoire Receives RSU Award
What Happened
- Michael P. Gregoire, a director of Advanced Micro Devices, Inc. (AMD), received a grant of 872 restricted stock units (RSUs) on 2026-05-13. The Form 4 reports the transaction as an award (derivative) at $0.00 per unit (typical for RSU grants, not a cash purchase).
- The filing (Accession 0000002488-26-000084) was submitted on 2026-05-15 and covers the 5/13/2026 grant; this appears to be a timely Form 4 filing.
Key Details
- Transaction date and type: 2026-05-13 — Award/Grant of 872 RSUs (transaction code A); reported price $0.00.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes:
- F1: Each RSU represents a contingent right to receive one share of AMD common stock.
- F2: The reporting person elected to defer issuance of the 2026 RSU award pursuant to a deferral election agreement.
- F3: The RSU award vests 100% on the first anniversary of the grant date.
- Timeliness: Filed 2026-05-15 for a 2026-05-13 grant — appears timely under Form 4 reporting rules.
Context
- RSUs are derivative awards that convert into actual shares only upon vesting; this grant does not represent immediate share ownership or an open-market purchase. The reported $0.00 reflects an award grant rather than a transaction price. The director has elected to defer issuance, so receipt of shares will follow the deferral/vesting schedule rather than immediate delivery.