AMD Director Elizabeth W. Vanderslice Gifts 30,000 Shares

What Happened

• Elizabeth W. Vanderslice, a director of Advanced Micro Devices, reported two gift dispositions on August 13, 2026: 16,351 shares and 13,649 shares, a total of 30,000 AMD shares. Both transactions are recorded as gifts (transaction code G) with a reported price of $0.00 (no cash proceeds).
• These transfers were reported on a Form 4 filed August 17, 2026. The filing shows the shares were disposed (gifted), not sold—gifts are not generally a market sentiment signal.

Key Details

• Transaction dates: August 13, 2026 (both gifts). Reported on Form 4 filed August 17, 2026.
• Amounts and prices: 16,351 shares @ $0.00 and 13,649 shares @ $0.00 (total 30,000 shares; no cash received).
• Shares owned after transaction: Not specified in the provided filing data.
• Footnotes: The filing explains these transfers relate to the EV Grantor Annuity Trust 2 (GRAT 2). Footnote details:
  • 11,403 shares were distributed to the reporting person as an annuity on Aug 7, 2025, and 4,948 shares as an annuity on Aug 13, 2026 (these sum to 16,351).
  • The remaining shares in GRAT 2 were distributed on Aug 13, 2026 to trusts for the benefit of the reporting person’s children, with independent trustees appointed (corresponds to the 13,649-share gift).
• Filing timeliness: The Form 4 was filed Aug 17, 2026 for transactions dated Aug 13, 2026; no late-filing flag was provided in the supplied data.

Context

• These were gifts and distributions from a grantor annuity trust (GRAT), not open-market sales or purchases. Gifts and trust distributions are typically estate-planning or family transfers and do not necessarily reflect the insider’s view of the company’s stock price.