AMD stock rises as SEC filing lays out Lisa Su’s $75 million stock-price bet
AMD shares rose 1.2% to $202.51 Thursday after a filing revealed its board approved a $75 million, performance-based equity award for CEO Lisa Su, tied to stock-price targets through 2031, including a $600 hurdle. CFO Jean Hu sold about 20,000 shares under a pre-arranged plan, according to a separate filing. Chip stocks were mixed; Nvidia was flat, Intel fell 1.6%.