Moorthy Ganesh reports GLOBALFOUNDRIES (GFS) share and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. director Moorthy Ganesh filed an initial ownership report on Ordinary Shares. The Form 3 shows direct ownership of 3,000 Ordinary Shares and 11,056 Restricted Share Units. These RSUs vest in equal installments on January 14, 2027 and January 14, 2028, contingent on continued service, with each RSU delivering one Ordinary Share upon settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MOORTHY GANESH
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 3,000 shares (Direct);
Restricted Share Units — 11,056 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What does Moorthy Ganesh’s Form 3 for GLOBALFOUNDRIES (GFS) report?
The Form 3 reports Moorthy Ganesh’s initial holdings as a director. It shows 3,000 Ordinary Shares held directly and 11,056 Restricted Share Units that can convert into Ordinary Shares if vesting and service conditions are met in future years.
When do Moorthy Ganesh’s GLOBALFOUNDRIES (GFS) RSUs vest?
The 11,056 Restricted Share Units vest in two equal installments. One half vests on January 14, 2027 and the remaining half vests on January 14, 2028, provided Moorthy Ganesh continues to serve through each respective vesting date.
What does each GLOBALFOUNDRIES (GFS) RSU reported by Moorthy Ganesh represent?
Each Restricted Share Unit represents a contingent right to receive one GLOBALFOUNDRIES Ordinary Share upon settlement. The units will convert into shares only if the vesting dates are reached and Moorthy Ganesh satisfies the continuous service condition specified in the award.