RSU vesting triggers tax share withholding at GLOBALFOUNDRIES Inc. (GFS)
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. Chief Accounting Officer Gregory Johnson Pedersen reported equity compensation activity dated July 31, 2026. Restricted stock units vested and settled into 5,205 and 3,123 ordinary shares, and the issuer withheld 1,268 and 761 shares at $49.89 per share to satisfy tax withholding obligations. Following these events, he holds 42,186 RSUs scheduled to vest in installments between March 1, 2027 and March 1, 2029, each RSU representing a contingent right to receive one ordinary share upon settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,029 shares
Net Sell
3 txns
Insider
Pedersen Gregory Johnson
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F4, F1 | 1,268 | $49.89 | $63K |
| Tax Withholding | Ordinary Shares F4, F2 | 761 | $49.89 | $38K |
| holding | Restricted Share Units F1, F2, F3 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 15,212 shares (Direct);
Restricted Share Units — 42,186 shares (Direct)
Footnotes (4)
- F1. Reflects the vesting and settlement of restricted stock units (RSUs) into 5,205 ordinary shares on July 31, 2026.
- F2. Reflects the vesting and settlement of RSUs into 3,123 ordinary shares on July 31, 2026.
- F3. Represents 42,186 RSUs, 9,869 of which vest in equal installments on March 1, 2027, 2028, and 2029, 7,254 of which vest in equal installments on March 1, 2027 and 2028, 10,411 of which vest in equal installments on August 1, 2027 and 2028, 3,124 of which vest on August 1, 2027, 6,045 of which vest on March 1, 2029, and 5,483 of which vest on March 1, 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.
- F4. Represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of RSUs.
Key Figures
Shares withheld for taxes (first transaction): 1,268 ordinary shares
Shares withheld for taxes (second transaction): 761 ordinary shares
RSUs settled into shares (first tranche): 5,205 ordinary shares
+3 more
6 metrics
Shares withheld for taxes (first transaction)
1,268 ordinary shares
Code F tax-withholding disposition on July 31, 2026 at $49.89 per share
Shares withheld for taxes (second transaction)
761 ordinary shares
Code F tax-withholding disposition on July 31, 2026 at $49.89 per share
RSUs settled into shares (first tranche)
5,205 ordinary shares
Vesting and settlement of restricted stock units on July 31, 2026
RSUs settled into shares (second tranche)
3,123 ordinary shares
Vesting and settlement of restricted stock units on July 31, 2026
RSUs held after transactions
42,186 RSUs
Restricted stock units held directly by the CAO after July 31, 2026 activity
Per-share value used for tax withholding
$49.89 per share
Price applied to ordinary shares withheld to satisfy tax obligations
Key Terms
restricted stock units (RSUs), vesting and settlement, tax withholding obligations, contingent right
4 terms
restricted stock units (RSUs) financial
"Reflects the vesting and settlement of restricted stock units (RSUs) into 5,205 ordinary shares"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
vesting and settlement financial
"Reflects the vesting and settlement of RSUs into 3,123 ordinary shares on July 31, 2026"
tax withholding obligations financial
"withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations"
contingent right financial
"Each RSU represents a contingent right to receive one share of the issuer's ordinary shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did GLOBALFOUNDRIES (GFS) report for Gregory Johnson Pedersen on July 31, 2026?
GLOBALFOUNDRIES’ Chief Accounting Officer, Gregory Johnson Pedersen, reported two code F dispositions of ordinary shares on July 31, 2026. These represent shares withheld by the issuer to satisfy tax withholding obligations tied to restricted stock units that vested and settled into ordinary shares on that date.
What RSU vesting activity did GLOBALFOUNDRIES (GFS) disclose for its CAO?
Restricted stock units vested and settled into 5,205 and 3,123 GLOBALFOUNDRIES ordinary shares for Chief Accounting Officer Gregory Johnson Pedersen. These vestings triggered the associated tax-withholding share dispositions reported as code F transactions on July 31, 2026.
How many restricted stock units does the GLOBALFOUNDRIES (GFS) CAO hold after these transactions?
After the July 31, 2026 activity, Gregory Johnson Pedersen holds 42,186 restricted stock units. According to the disclosure, these RSUs vest in various installments between March 1, 2027 and March 1, 2029, each RSU representing a contingent right to receive one ordinary share upon settlement.
What is the vesting schedule for the remaining RSUs held by GLOBALFOUNDRIES (GFS) CAO Gregory Johnson Pedersen?
The 42,186 RSUs vest in multiple tranches: some in equal installments on March 1, 2027–2029 and others on March 1 or August 1 in 2027–2029. Each vesting is subject to the reporting person’s continuous service through the applicable vesting date.