---
schema_version: "secwatch.filing_event.v1"
accession: "0000002488-26-000115"
form_type: "8-K"
ticker: "AMD"
cik: "0000002488"
company_name: "ADVANCED MICRO DEVICES INC"
filed_at: "2026-07-01T20:27:26+00:00"
generated_at: "2026-07-01T20:28:11.671315+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AMD boosts CEO Su's base salary to $1.375M, grants $36M in equity; other execs also get increases

## Summary
- 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.

## SEC filing metadata
- accession: 0000002488-26-000115
- form_type: 8-K
- ticker: AMD
- cik: 0000002488
- company_name: ADVANCED MICRO DEVICES INC
- filed_at: 2026-07-01T20:27:26+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2488/000000248826000115/0000002488-26-000115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2488/000000248826000115/amd-20260626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000002488-26-000115
- JSON: https://secwatch.observer/filing/0000002488-26-000115.json
- Plain text: https://secwatch.observer/filing/0000002488-26-000115.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.