AMD SVP Ava Hahn Exercises Awards; Shares Withheld for Taxes

What Happened

• Ava Hahn, Senior Vice President, General Counsel & Corporate Secretary of AMD, reported multiple equity award transactions on August 15, 2026. The filing shows exercises/conversions and awards resulting in shares being issued to her and shares withheld to satisfy tax withholding.
• Reported movements include: exercises/conversions acquiring 23,747 shares (reported @ $0), awards/grants of 4,742 and 3,161 shares (both @ $0), and tax-withholding disposals of 11,244 shares ($514.39/share; $5,783,801) and 531 shares ($514.39/share; $273,141). Combined, 11,775 shares were withheld to cover tax obligations, totaling about $6.06 million. The filing also lists derivative-related disposals of 22,677 and 1,070 shares (reported at $0).

Key Details

• Transaction date: August 15, 2026; Form 4 filed August 18, 2026 (appears timely).
• Prices: exercises/grants reported at $0; withheld shares sold/withheld at $514.39 per share.
• Withholding total: 11,775 shares withheld for tax obligations, valued at approximately $6,056,942.
• Transaction codes: M = exercise/conversion of derivative; A = grant/award; F = payment of exercise price or tax withholding (sell-to-cover/withholding).
• Shares owned after the transactions: not specified in the supplied filing excerpt.
• Footnotes of note:
  • F1/F2: Withheld shares were elected by the reporting person to satisfy tax withholding for PRSUs and RSUs.
  • F3–F5/F7–F9: PRSUs are performance-based contingent rights; some PRSUs were settled (per F4). RSUs/PRSUs have multi-year vesting/performance conditions described in the filing.

Context

• This was primarily a settlement/vesting and tax-withholding event (shares delivered and shares withheld to cover taxes), not an open-market purchase or an opportunistic sale. Tax-withholding on vesting is a routine administrative action and does not necessarily indicate a change in insider sentiment.
• For retail investors: PRSUs are performance-based and may pay out between 0%–250% of target depending on AMD’s relative stock performance and financial metrics; RSUs vest on multi-year schedules.