{"url_path":"/sec/amd/8-k/2026-05-15/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2488/0001193125-26-226746-index.html","accession_number":"0001193125-26-226746","cik":"0000002488","ticker":"AMD","issuer_name":"ADVANCED MICRO DEVICES INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/2488/0001193125-26-226746-index.html","primary_entity_key":"0000002488","primary_entity_name":"ADVANCED MICRO DEVICES INC"},"word_count":283,"has_tables":true,"body_markdown":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\nOn May 13, 2026, the Company held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”). As further described in Item 5.07 of this Current Report on Form 8-K, at the Annual Meeting, the Company’s stockholders approved the amendment and restatement of the Company’s 2023 Equity Incentive Plan (the “Amended and Restated Plan”).\n\nThe Amended and Restated Plan was approved by the Board of Directors (the “Board”) of the Company on March 9, 2026 and became effective upon stockholder approval at the Annual Meeting. The Amended and Restated Plan (i) increased the number of shares authorized for issuance to employees, consultants and directors under the Amended and Restated Plan by 65,000,000 shares of common stock, par value $0.01 per share (the “Common Stock”), of the Company, such that the total number of shares authorized for issuance under the Amended and Restated 2023 Plan is 153,000,000 shares of Common Stock, and (ii) updated the plan for certain administrative changes.\n\nA description of the material terms of the Amended and Restated Plan is set forth in the section titled “Item 4 - Approval of the Amendment and Restatement of the Advanced Micro Devices, Inc. 2023 Equity Incentive Plan” included in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on March 27, 2026 (the “Proxy Statement”). The foregoing description of the Amended and Restated Plan does not purport to be complete and is qualified in its entirety by reference to the full text of the Amended and Restated Plan attached hereto as Exhibit 10.2 and incorporated herein by reference."}