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AI brief of an SEC Form 8-K · Advanced Micro Devices (AMD)

AMD grants CEO Lisa Su $75 million special award tied to stock price hurdles

Neutral Impact 4 of 5 shareholder Written later

AMD's board approved a $75 million special long-term equity award for CEO Lisa Su, to be granted March 15, 2026, and approved fiscal 2025 cash bonuses for Su and four other executive officers. The equity award converts into performance-based restricted stock units that can pay out from 0% to 200% of target, and only if the stock meets price hurdles through March 15, 2031, subject to her continued service.

Key points

  • CEO Value Creation Equity Award: $75 million target value, granted March 15, 2026; PRSUs earned from 0% to 200% of target
  • Stock price hurdles range from a 10% five-year CAGR (Tranche 1) to $600 per share (Tranche 4); performance period ends March 15, 2031
  • Fiscal 2025 EIP bonuses: Lisa T. Su $3,125,430; Mark Papermaster $1,293,187; Jean Hu $1,179,750; Forrest Norrod $1,157,062; Ava Hahn $738,100, expected to be paid March 2026

The filing

CompanyAdvanced Micro Devices (AMD)
Form8-K, current report
Filed with the SECFeb 17, 2026, 4:21 PM ET
Accession number0000002488-26-000029

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 17, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.