=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-08-15
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: ADVANCED MICRO DEVICES INC (AMD)
CIK: 0000002488
--- Reporting Owner ---
Name: GRASBY PAUL DARREN
CIK: 0001768248
Role: Officer (EVP & CSO)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-08-15 | Code: M (Exercise of derivative)
Shares: +46,185 | Price: $0.00
Shares Owned After: 154,395 | Ownership: D (Direct)
[Transaction #2]
Security: Common Stock
Date: 2026-08-15 | Code: F (Payment of exercise/tax)
Shares: -20,702 | Price: $514.39
Total Value: $10,648,901.78
Shares Owned After: 133,693 | Ownership: D (Direct)
Footnotes:
[F1] The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release and settlement of performance-based restricted stock units ("PRSU").
[Transaction #3]
Security: Common Stock
Date: 2026-08-15 | Code: F (Payment of exercise/tax)
Shares: -1,006 | Price: $514.39
Total Value: $517,476.34
Shares Owned After: 132,687 | Ownership: D (Direct)
Footnotes:
[F2] The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release of restricted stock units ("RSU").
[Transaction #4]
Security: Common Stock
Date: 2026-08-17 | Code: S (Open market sale)
Shares: -15,000 | Price: $514.91
Total Value: $7,723,650.00
Shares Owned After: 117,687 | Ownership: D (Direct)
Footnotes:
[F3] Transaction executed in multiple trades at prices ranging from $514.79 to $515.12 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
--- Derivative Transactions ---
[Transaction #1]
Security: Performance Stock Units
Date: 2026-08-15 | Code: M (Exercise of derivative)
Shares: -44,045 | Price: $0.00
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F4] Each PRSU represents a contingent right to receive one share of AMD's common stock.
[F5] Reflects shares issued in settlement of PRSUs earned and vested under PRSU award granted on August 9, 2023.
[F5] Reflects shares issued in settlement of PRSUs earned and vested under PRSU award granted on August 9, 2023.
[Transaction #2]
Security: Restricted Stock Units
Date: 2026-08-15 | Code: M (Exercise of derivative)
Shares: -2,140 | Price: $0.00
Shares Owned After: 6,417 | Ownership: D (Direct)
Footnotes:
[F6] Each RSU represents a contingent right to receive one share of AMD's common stock.
[F7] The RSUs vest 1/4 on August 15, 2026, and then quarterly thereafter until August 15, 2029.
[F7] The RSUs vest 1/4 on August 15, 2026, and then quarterly thereafter until August 15, 2029.
[Transaction #3]
Security: PRSU Award
Date: 2026-08-15 | Code: A (Grant or award)
Shares: +8,891 | Price: $0.00
Shares Owned After: 8,891 | Ownership: D (Direct)
Footnotes:
[F8] Between 0% and 250% of the target number of PRSUs may be earned depending on (a) the return on AMD's stock price relative to the return of each of the component companies comprising the S&P 500 Index, subject to adjustments, over the performance period that begins August 15, 2026 and ends on August 15, 2029 (or, if earlier, the date immediately preceding the effective date of a change of control of AMD), (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2028 fiscal year non-GAAP earnings per share exceeds AMDs 2026 fiscal year non-GAAP earnings per share. Vesting of any earned PRSUs is generally subject to the Reporting Person's continued employment and/or service with AMD through August 15, 2029 (or the one-year anniversary of a change in control, if earlier).
[F9] The actual number of PRSUs that may be earned, if at all, will be determined by the Compensation and Leadership Resources Committee (the "Committee") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 8, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2029, or the date following the Committee's determination of performance.
[F9] The actual number of PRSUs that may be earned, if at all, will be determined by the Compensation and Leadership Resources Committee (the "Committee") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 8, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2029, or the date following the Committee's determination of performance.
[Transaction #4]
Security: RSU Award
Date: 2026-08-15 | Code: A (Grant or award)
Shares: +5,927 | Price: $0.00
Shares Owned After: 5,927 | Ownership: D (Direct)
Footnotes:
[F6] Each RSU represents a contingent right to receive one share of AMD's common stock.
[F10] The RSUs vest 1/4 on August 15, 2027 and then quarterly thereafter until August 15, 2030.
[F10] The RSUs vest 1/4 on August 15, 2027 and then quarterly thereafter until August 15, 2030.
--- Footnotes (Complete Index) ---
F1: The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release and settlement of performance-based restricted stock units ("PRSU").
F10: The RSUs vest 1/4 on August 15, 2027 and then quarterly thereafter until August 15, 2030.
F2: The shares are withheld at the election of the Reporting Person to satisfy tax withholding obligations in connection with the release of restricted stock units ("RSU").
F3: Transaction executed in multiple trades at prices ranging from $514.79 to $515.12 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
F4: Each PRSU represents a contingent right to receive one share of AMD's common stock.
F5: Reflects shares issued in settlement of PRSUs earned and vested under PRSU award granted on August 9, 2023.
F6: Each RSU represents a contingent right to receive one share of AMD's common stock.
F7: The RSUs vest 1/4 on August 15, 2026, and then quarterly thereafter until August 15, 2029.
F8: Between 0% and 250% of the target number of PRSUs may be earned depending on (a) the return on AMD's stock price relative to the return of each of the component companies comprising the S&P 500 Index, subject to adjustments, over the performance period that begins August 15, 2026 and ends on August 15, 2029 (or, if earlier, the date immediately preceding the effective date of a change of control of AMD), (b) the absolute return on AMD's stock price over the performance period, and (c) the percentage (if any) by which AMD's 2028 fiscal year non-GAAP earnings per share exceeds AMDs 2026 fiscal year non-GAAP earnings per share. Vesting of any earned PRSUs is generally subject to the Reporting Person's continued employment and/or service with AMD through August 15, 2029 (or the one-year anniversary of a change in control, if earlier).
F9: The actual number of PRSUs that may be earned, if at all, will be determined by the Compensation and Leadership Resources Committee (the "Committee") based on AMD's actual performance with respect to the performance vesting conditions described in footnote 8, above. Earned and vested PRSUs will generally be settled on the later of August 15, 2029, or the date following the Committee's determination of performance.
--- Signature ---
/s/ /s/ Paul Darren Grasby (2026-08-18)
