From TokenPost · · 40s
AMD Executive Sells $9.33M Shares Under Trading Plan
AMD data center exec Norrod sold $9.33m shares under Rule 10b5-1 trading plan.
In brief
AMD data center exec Norrod sold $9.33m shares under Rule 10b5-1 trading plan. AMD data center executive sold $9.33 million in shares under a trading plan. Originally reported by TokenPost.
Norrod sells shares
Forrest Eugene Norrod sold 17,262 shares at weighted-average prices from $535.15 to $543.03 per share on Oct. 15.
Shares sold under trading plan
Norrod completed sales under a Rule 10b5-1 trading plan adopted May 20, with prior sales totaling $16.62 million.
Data center revenue growth
AMD's data center segment generated $6.7 billion in Q2 revenue, up 107% from a year earlier and accounting for 58% of quarterly revenue.
The key point
AMD data center executive sold $9.33 million in shares under a trading plan.
