secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCED MICRO DEVICES INC (AMD)
CIK:        0000002488
Form:       8-K
Filed at:   2025-07-02T23:59:59+00:00
Accession:  0000002488-25-000099
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud

AMD Board Approves Salary Hikes and Equity Grants for CEO and Other Executives
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- CEO Lisa Su's annual base salary increases from $1,260,000 to $1,323,000 effective July 1, 2025.
- Other executives (CFO, CTO, Data Center GM, General Counsel) get base salary hikes ranging from $20,000 to $40,000.
- Lisa Su receives $33 million in long-term equity awards: 75% performance-based RSUs and 25% stock options.
- Performance-based RSUs earn 0-250% of target based on AMD's TSR vs S&P 500 peers and non-GAAP EPS growth.
- Stock options and RSUs for other executives vest quarterly over four years; options expire after seven years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2488/000000248825000099/0000002488-25-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2488/000000248825000099/amd-20250627.htm
  HTML page:      https://secwatch.observer/filing/0000002488-25-000099

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer