Key Highlights

• Base salaries for senior officers were converted from £615,000 using an exchange rate of $1.31854 per 1.00 British pound.

• PRSUs may be earned from 0% up to 250% of the target amount, with a cap of 200% based on total shareholder return and an absolute ceiling of 100% if TSR is negative.

• Private Wealth Partners LLC reported a stake worth $22.54 million in AMD shares.

Advanced Micro Devices (NASDAQ: AMD) disclosed a series of compensation adjustments for its senior leadership team on June 26, 2026. The Board approved salary hikes effective July 1, 2026 and outlined a new equity award program slated for August 15, 2026.

Salary Adjustments

Effective July 1, 2026, the annual base pay for designated executives will increase to amounts derived from a conversion of £615,000 into U.S. Dollars. The conversion applied an exchange rate of $1.31854 per 1.00 British pound, aligning compensation with market standards.

Equity Award Structure

On August 15, 2026, the firm will grant equity under its 2023 Equity Incentive Plan. Dr. Su’s award will be split into a mix of 75% PRSUs and 25% RSUs, while Ms.

Hu, along with Messrs. Papermaster, Grasby and Norrod, will receive a composition of 60% PRSUs and 40% RSUs.

Performance‑Based RSU Mechanics

The number of PRSUs eligible for each recipient can range from 0% to 250% of the target quantity. Earnings are tied to the company’s total shareholder return (TSR) relative to S&P 500 peer companies, allowing a recipient to earn between 0% and 200% of the target amount. If TSR turns negative, the earnings under this clause may not exceed 100% of the target.

Earnings‑Based PRSU Boost

An additional PRSU allocation depends on non‑GAAP earnings per share (EPS) growth. Recipients may earn an extra 0%, 25% or 50% of the PRSUs earned under the TSR clause, based on fiscal 2028 EPS versus the fiscal 2026 EPS target. If a change of control occurs before fiscal 2028 reporting, the boost will be calculated against fiscal 2027 EPS, with 0% or 25% possible, and no additional PRSUs if the change happens before fiscal 2027 results.

Vesting and Settlement

Time‑based RSUs vest quarterly, beginning with a quarter on August 15, 2027 and concluding on August 15, 2030. Earned PRSUs vest upon continued employment through August 15, 2029, with settlement typically on August 22, 2029 or three business days after the Committee certifies performance.

Shareholder Ownership Insight

Private Wealth Partners LLC disclosed a holding of $22.54 million in AMD stock, underscoring institutional confidence in the company’s strategic direction and compensation framework.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.