Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Advanced Micro Devices (AMD)

AMD raises CEO Lisa Su's base salary to $1.375 million, grants $36 million equity award

Neutral Impact 3 of 5 leadership Written later

AMD's board approved higher base salaries for five executive team members, effective July 1, 2026, and set long-term equity awards to be granted on August 15, 2026. CEO Lisa Su's salary rises from $1,323,000 to $1,375,000, and her $36 million target award will be mostly performance-based, so the final share count depends on future shareholder return and earnings targets.

Key points

  • Base salaries rise effective July 1, 2026; Lisa Su goes from $1,323,000 to $1,375,000 and Jean Hu from $800,000 to $850,000
  • Long-term awards with target values of $36 million for Su, $9 million for Hu, $10 million for Mark Papermaster, $7.5 million for Darren Grasby and $8 million for Forrest Norrod, granted August 15, 2026
  • Su's award is 75% performance-based restricted stock units (PRSUs) and 25% time-based RSUs; the others receive 60% PRSUs and 40% RSUs
  • PRSUs can pay out from 0% to 250% of target, based on relative total shareholder return over August 15, 2026 to August 15, 2029 and fiscal 2028 non-GAAP EPS against the fiscal 2026 target

The filing

CompanyAdvanced Micro Devices (AMD)
Form8-K, current report
Filed with the SECJul 1, 2026, 4:27 PM ET
Accession number0000002488-26-000115

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing 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 July 01, 2026.

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