Monitor for any change in AMD's business outlook (e.g., earnings pre-announcement, product cycle updates) that could explain the CEO's concentrated selling. The dollar amount is too small relative to market cap to warrant a bearish read on its own.
Price Chart
Executive Summary
CEO Lisa Su sold ~$2.2M and EVP Forrest Norrod sold ~$377K of AMD shares in open-market transactions. The CEO's sales are part of a massive single-day cluster totaling ~$49M, which is 0.02% of AMD's ~$250B market cap — well below the 0.1% materiality threshold. These sales are likely routine diversification or tax-planning moves, not a bearish signal.
Key Financial Metrics
Key Facts
- CEO Lisa Su sold 4,400 shares at $505.57 on 2026-09-10, part of a larger same-day cluster of ~$49M across 20 trades
- EVP Forrest Norrod sold 757 shares at $498.30 on 2026-09-15
- Total cluster value of $2.60M (synthetic) is ~0.001% of AMD's ~$250B market cap
- No 10b5-1 plan indicated, but the sheer volume and single-day concentration suggest pre-planned diversification
Financial Impact
Total insider sales of ~$2.6M (synthetic) represent ~0.001% of market cap — immaterial
Risk Factors
- CEO selling $49M in a single day could signal personal portfolio rebalancing, not company distress
- No 10b5-1 plan disclosed, but pattern is consistent with pre-arranged selling
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-AMD-1789709274968 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | Press Release | $542.00 | awaiting T+60 | — | $560.26 (+3.37%) |
Oct 22, 2026 5d ago | Institutional Cluster | $516.79 | awaiting T+60 | — | $560.26 (+8.41%) |
Oct 21, 2026 7d ago | PTAB Trial | $507.93 | awaiting T+60 | — | $560.26 (+10.30%) |
Oct 20, 2026 8d ago | PTAB Trial | $552.72 | awaiting T+60 | — | $560.26 (+1.36%) |
Oct 19, 2026 9d ago | PTAB Trial | $534.74 | awaiting T+60 | — | $560.26 (+4.77%) |
Oct 19, 2026 9d ago | PTAB Trial | $534.74 | awaiting T+60 | — | $560.26 (+4.77%) |
Sep 28, 2026 29d ago | Press Release | $607.57 | awaiting T+60 | — | $560.26 (−7.79%) |
Sep 17, 2026 5w ago | Insider Cluster | $559.82 | awaiting T+60 | — | $560.26 (+0.08%) |
Aug 27, 2026 8w ago | Insider Cluster | $465.58 | awaiting T+60 | — | $560.26 (−20.34%) |
Aug 26, 2026 8w ago | Insider Cluster | $476.67 | awaiting T+60 | — | $560.26 (+17.54%) |
US Market Status
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