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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 (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 July 01, 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.