VANDERSLICE ELIZABETH W 4

What Happened
Elizabeth W. Vanderslice, a director of Advanced Micro Devices, received 3,014 shares of AMD on March 16, 2026. The transaction is reported as an "other acquisition or disposition" (code J) at a reported price of $0.00, reflecting an annuity distribution rather than a market purchase.

Key Details

• Transaction date: 2026-03-16 (reported on Form 4 filed 2026-03-18).
• Shares: 3,014 shares acquired; reported price $0.00 (no cash paid).
• Transaction type/code: Other acquisition/disposition (J).
• Source: Annuity distribution from "EV Grantor Annuity TR 3" (Reporting Person's grantor retained annuity trust, a GRAT) — footnotes F1 and F2 describe this distribution.
• Shares owned after transaction: Not disclosed in the filing.
• Filing timeliness: Filed within two days of the reported transaction date (not marked late).

Context
A GRAT distribution is an estate-planning/compensation-related transfer (an annuity payout from the insider's grantor retained annuity trust). Such distributions are not market purchases or sales and do not necessarily indicate the insider's views on the stock.