AMD CTO Mark Papermaster Exercises Options and Sells Shares Under 10b5-1 Plan

AMD Chief Technology Officer Mark Papermaster executed stock option exercises and sales on June 15, 2026, pursuant to a Rule 10b5-1 trading plan adopted in November 2025. Papermaster exercised 6,000 stock options at $84.85 per share and simultaneously sold 6,000 shares at $536.33 per share. Following these transactions, his direct holdings decreased to 1,233,687 shares. The options were part of a grant that vests in thirds on August 9, 2021, 2022, and 2023, with an expiration date of August 9, 2027. Papermaster also holds indirect ownership through two GRATs (Grantor Retained Annuity Trusts), each containing 206,606 shares. The transactions represent a routine execution of a pre-established trading plan rather than discretionary market timing.