GLOBALFOUNDRIES (NASDAQ: GFS) director holds 10,422 RSUs
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. director Samer Halawa filed an initial ownership report showing holdings of restricted share units. The filing reports 10,422 restricted stock units that vest in two equal installments on February 3, 2027 and February 3, 2028, as long as he remains in continuous service. Each unit represents a right to receive one GLOBALFOUNDRIES ordinary share upon settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Halawa Samer
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 10,422 shares (Direct)
Footnotes (1)
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FAQ
What does the GLOBALFOUNDRIES (GFS) Form 3 for Samer Halawa report?
The Form 3 reports Samer Halawa’s initial beneficial ownership in GLOBALFOUNDRIES. It shows that he holds 10,422 restricted stock units, each representing a contingent right to receive one ordinary share upon settlement, subject to specific vesting conditions and continued service requirements.
When do Samer Halawa’s GLOBALFOUNDRIES (GFS) RSUs vest?
The 10,422 restricted stock units vest in two equal installments on February 3, 2027 and February 3, 2028. Vesting is conditioned on Samer Halawa’s continuous service through each vesting date, meaning the awards are earned gradually over time.
What does each GLOBALFOUNDRIES (GFS) restricted stock unit represent for Samer Halawa?
Each restricted stock unit represents a contingent right to receive one GLOBALFOUNDRIES ordinary share upon settlement. The units themselves are not shares until they vest and are settled, aligning Halawa’s compensation with the company’s equity over the specified vesting period.