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

Issuer:     ADVANCED MICRO DEVICES INC (AMD)
CIK:        0000002488
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0001628280-24-005593
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMD approves $3.7M in FY2023 executive bonuses; amends bylaws to allow 20% holders to call special meetings
--------------------------------------------------------------------------------

- CEO Lisa Su: $1,432,800 bonus; CFO Jean Hu: $507,968; other execs: Grasby $499,403, Papermaster $587,672, Peng $682,819.
- Bonuses paid under Executive Incentive Plan; expected in March 2024.
- Bylaws amended to permit stockholders with ≥20% voting power for ≥1 year to call special meetings; technical changes also adopted.
- Amendments approved by Board on Feb 13, 2024; Su's bonus approved Feb 14, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2488/000162828024005593/0001628280-24-005593-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2488/000162828024005593/amd-20240213.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-005593

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