secwatch.observer — SEC 8-K summary
======================================

Issuer:     ADVANCED MICRO DEVICES INC (AMD)
CIK:        0000002488
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0000002488-26-000029
Event type: leadership
Sentiment:  positive
Materiality: 0.85
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

AMD approves $75M performance equity award for CEO Lisa Su; FY2025 bonuses disclosed
--------------------------------------------------------------------------------

- EIP bonuses: Su $3.13M, Hu $1.18M, Papermaster $1.29M, Norrod $1.16M, Hahn $738k.
- Special PRSU award to Su: target value $75M, 100% performance-based, tied to stock price hurdles.
- Hurdles: 10%, 15%, 17.5% CAGR or $600 stock price; payout range 0%-200% of target.
- Award vests over 5-6 years with continued employment; baseline price set on Grant Date.
- Designed as one-time special equity outside regular annual compensation to retain and motivate Su.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2488/000000248826000029/0000002488-26-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2488/000000248826000029/amd-20260210.htm
  HTML page:      https://secwatch.observer/filing/0000002488-26-000029

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