Advanced Micro Devices, Inc. Reports Executive Compensation Approvals
Summary
On February 10-11, 2026, Advanced Micro Devices, Inc.'s Board and Committee approved annual cash performance bonuses for several executive officers under the EIP. CEO Lisa T. Su was approved for a $3,125,430 cash bonus. Additionally, Dr. Su was granted a special long-term equity incentive award, the CEO Value Creation Equity Award, with a target value of $75 million, to be granted on March 15, 2026. This award will be converted into performance-based restricted stock units (PRSUs) tied to stock price hurdles until March 15, 2031. - Jean Hu: $1,179,750 annual cash bonus. - Mark Papermaster: $1,293,187 annual cash bonus. - Forrest Norrod: $1,157,062 annual cash bonus. - Ava Hahn: $738,100 annual cash bonus.
Why It Matters
The approval of a special long-term equity incentive award for Dr. Su with a target value of $75 million, tied to stock price hurdles until March 2031, signals a significant commitment to long-term executive retention and performance alignment, which can influence investor perception of future company leadership and strategy.
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Key Quote
“On February 11, 2026, the Committee recommended, and the Board approved the grant of a special long-term equity incentive award to Dr. Su, with a target value of $75 million for Dr. Su (the ".”
— From Item 5.02
Filing Details
Reported Items
Additional Information
- CIK Number
- 0000002488
- Filing Date
- Tuesday, February 17, 2026
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- positive