Short answer
Advanced Micro Devices (AMD) filed an 8-K current report with the SEC on July 1, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Base salaries rise effective July 1, 2026, including CEO Lisa Su to $1.375M and CFO Jean Hu to $850,000.
Advanced Micro Devices 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Base salaries rise effective July 1, 2026, including CEO Lisa Su to $1.375M and CFO Jean Hu to $850,000
- Executive long-term incentive targets total $70.5M, led by Su’s $36M award
- Awards emphasize performance: 75% PRSUs for Su and 60% for other executives
- PRSUs depend on relative TSR and fiscal 2028 non-GAAP EPS, with potential payouts up to 250% of target
- RSUs vest quarterly through August 15, 2030, reinforcing multi-year executive retention
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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