Mark D. Papermaster, Chief Technology Officer and EVP at Advanced Micro Devices Inc. (AMD), sold 31,320 shares of the company's stock on April 24, 2026. The transaction, valued at approximately $10.96 million, occurred at an average price of $350.00 per share.
This sale follows a series of other transactions by Papermaster in recent weeks, including sales of 27,109 shares on April 16 and 6,000 shares on April 15. Another executive, Lisa T. Su, also engaged in a sale of 6,303 shares on March 12.
Insider selling activities can be attributed to various personal financial decisions, such as portfolio diversification or tax planning, and do not necessarily indicate a negative view of the company's future prospects.