ADVANCED MICRO DEVICES INC — Form 8-K
Filed July 1, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 22/100
What the filing says
On June 26, 2026, AMD's Board approved base salary increases effective July 1, 2026 for five executives: CEO Lisa Su ($1.323M → $1.375M), CFO Jean Hu ($800K → $850K), CTO Mark Papermaster ($870K → $900K), Chief Sales Officer Darren Grasby (£615K → £640K), and Data Center GM Forrest Norrod ($780K → $800K). On August 15, 2026, these same executives will receive long-term equity awards totaling $70.5M in target value: Su $36M (75% PRSUs/25% RSUs), Hu $9M, Papermaster $10M, Grasby $7.5M, and Norrod $8M (all 60% PRSUs/40% RSUs). PRSUs vest through August 2029 based on TSR vs. S&P 500 peers (0–200%) and fiscal 2028 EPS (0–50% uplift); RSUs vest quarterly 2027–2030.
Why this rating
Routine executive compensation adjustment: ~$70.5M equity grant is 0.027% of $261.4B market cap; base raises ~4% are standard annual practice. No material business impact.
Extracted items
View original filing on SEC.gov ↗
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