Summary by Futu AI
Advanced Micro Devices, Inc. (AMD) officer Mark Papermaster is set to sell 16,200 shares of the company's common stock on March 15, 2024, according to a recent filing. The shares, valued at approximately $3,025,060.02, were acquired on the same date through the exercise of stock options. The transaction involved a cash payment made by Papermaster to the issuer. This sale follows a similar transaction that occurred on February 15, 2024, where Papermaster sold an identical number of shares, totaling $2,876,679.36 in gross proceeds.