GLOBALFOUNDRIES (NASDAQ: GFS) CMO discloses initial equity stake
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. Chief Manufacturing Officer Pradip Singh Hardip Singh has reported his initial equity holdings. He directly holds 49,163 ordinary shares. He also holds 75,410 restricted share units, each representing a contingent right to receive one ordinary share upon settlement.
Of these RSUs, 37,281 vest in equal installments on March 1, 2027, 2028 and 2029, 22,826 vest in equal installments on March 1, 2027 and 2028, 10,630 vest in equal installments on May 1, 2026 and 2027, and 4,673 vest on February 27, 2027, all subject to his continuous service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Singh Pradip Singh Hardip
Role
Chief Manufacturing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 49,163 shares (Direct);
Restricted Share Units — 75,410 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units (RSUs), 37,281 of which vest in equal installments on March 1, 2027, 2028 and 2029, 22,826 of which vest in equal installments on March 1, 2027 and 2028, 10,630 of which vest in equal installments on May 1, 2026 and 2027 and 4,673 of which vest on February 27, 2027, 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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FAQ
What does the GLOBALFOUNDRIES (GFS) Form 3 for Pradip Singh report?
The Form 3 reports initial ownership for Chief Manufacturing Officer Pradip Singh. He directly holds 49,163 ordinary shares and 75,410 restricted share units, each RSU representing a right to receive one ordinary share upon settlement, subject to vesting conditions.
What is the vesting schedule for the CMO’s GLOBALFOUNDRIES RSUs?
The RSUs vest in tranches: 37,281 in equal parts on March 1, 2027, 2028, 2029; 22,826 on March 1, 2027 and 2028; 10,630 on May 1, 2026 and 2027; and 4,673 on February 27, 2027, all subject to continued service.