AMD executive Forrest Norrod sells $9.3 million of stock
Advanced Micro Devices executive Forrest Norrod sold 17,262 shares on Oct. 15, according to a Form 4 filed Oct. 19.
Norrod, whose filing lists him as executive vice president and general manager of DSG, first exercised options on 7,262 shares at $84.85 each. He then sold 17,262 shares in a series of trades at weighted-average prices from $535.15 to $543.03 a share. The sales totaled about $9.3 million, an IDD calculation from the reported prices.
The filing says both the option exercise and the sales were made under a Rule 10b5-1 trading plan Norrod adopted on May 20, 2026. The exercised options vested in thirds on Aug. 9 of 2021, 2022 and 2023, and none of that grant remains outstanding.
Norrod held 353,317 AMD shares after the trades.
By the numbers
- Options exercised: 7,262 at $84.85
- Shares sold Oct. 15: 17,262
- Weighted-average price range: $535.15 to $543.03
- Approximate proceeds: $9.3 million
- Held afterward: 353,317 shares
Sources
- Advanced Micro Devices, Inc. Form 4 (Forrest Eugene Norrod), filed Oct. 19, 2026, accession 0000002488-26-000184
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
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