GLOBALFOUNDRIES CEO reports initial share holdings
GLOBALFOUNDRIES Inc. director and CEO Timothy Graham Breen reported his initial ownership position in a Form 3 filing.
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. director and CEO Timothy Graham Breen reported his initial ownership position in a Form 3 filing. He directly holds 114,515 ordinary shares. He also has 167,162 ordinary shares represented by restricted stock units (RSUs), which give him the right to receive shares in the future.
According to the disclosure, 68,477 of these RSU-linked shares vest in equal installments on March 1, 2027 and March 1, 2028. The remaining 98,685 RSU-linked shares vest in equal installments on March 1, 2027, 2028 and 2029, subject to his continuous service through each vesting date. Each RSU converts into one ordinary share upon settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
Footnotes (1)
- F1. Represents 167,162 ordinary shares that are represented by restricted stock units (RSUs), 68,477 of which vest in equal installments on March 1, 2027 and 2028, 98,685 of which vest in equal installments on March 1, 2027, 2028 and 2029, subject to the Reporting Person's continuous service through each such vesting date. Each RSU represents a contingent right to receive one share of the Issuer's ordinary shares upon settlement.
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