ADVANCED MICRO DEVICES INC·4

May 15, 4:57 PM ET

VANDERSLICE ELIZABETH W 4

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AMD Director Elizabeth Vanderslice Converts Derivatives, Receives RSUs

What Happened
Elizabeth W. Vanderslice, a director of Advanced Micro Devices, converted 2,613 derivative units into 2,613 shares on 2026-05-14 and the same 2,613 shares were reported disposed that day. She was also granted 872 restricted stock units (RSUs) on 2026-05-13. All reported transactions show $0 per share (derivative conversions/awards), so no cash value is listed in the Form 4 entries.

Key Details

  • Transactions reported: 2026-05-13 (grant of 872 RSUs, code A, $0.00); 2026-05-14 (exercise/conversion of 2,613 derivatives acquired, code M, $0.00; and 2,613 derivatives disposed, code M, $0.00).
  • Dollar amounts: $0 reported for each line (reflecting conversion/award reporting rather than an open‑market cash purchase or sale).
  • Shares owned after transaction: not specified in the provided filing extract.
  • Footnotes: F1 — each RSU represents a contingent right to receive one share; F2 — the 872 RSU award vests 100% on the first anniversary of the grant.
  • Filing date: Form filed 2026-05-15 for transactions dated 2026-05-13/14 — no late filing flag shown in the provided data.

Context
The filing shows a same‑day acquisition and disposition of 2,613 derivative shares (conversion followed by disposal). Form 4 does not state the reason for the disposition (common reasons include sale to monetize shares or to cover taxes from a conversion/settlement). The 872 RSUs are a time‑based award that will vest in full one year from grant, per the footnote.