other material
confidence high
sentiment neutral
materiality 0.60
AMD boosts CEO Su's base salary to $1.375M, grants $36M in equity; other execs also get increases
ADVANCED MICRO DEVICES INC
- Base salary increases effective July 1, 2026: Su to $1.375M (from $1.323M), Hu to $850K, Papermaster to $900K, Grasby to $843,866, Norrod to $800K.
- Long-term incentive awards granted Aug 15, 2026: Su target value $36M, Hu $9M, Papermaster $10M, Grasby $7.5M, Norrod $8M.
- Su's award is 75% performance-based RSUs (PRSUs) and 25% time-based RSUs; other executives receive 60% PRSUs and 40% RSUs.
- PRSUs earned based on TSR vs S&P 500 over 3-year period (0-200% of target) and non-GAAP EPS modifier (0-50% additional).
- RSUs vest 1/4 on Aug 15, 2027, then quarterly through Aug 15, 2030; PRSUs vest on Aug 15, 2029 subject to continued employment.