GlobalFoundries CFO has 11,213 shares withheld
The chief financial officer's RSU holdings include units scheduled to vest through 2029, subject to continuous service.
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Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. (GFS) Chief Financial Officer Sam Franklin had 11,213 ordinary shares withheld by the issuer on November 4, 2026, to satisfy tax withholding obligations tied to RSU vesting and settlement, at $42.89 per share. He directly held 37,413 ordinary shares afterward. The settlement involved 28,531 ordinary shares; he also directly held 66,679 RSUs, which vest on stated dates through 2029 subject to continuous service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F3, F1 | 11,213 | $42.89 | $481K |
| Holding | Restricted Share Units F1, F2 | -- | -- | -- |
Footnotes (3)
- F1. Reflects the vesting and settlement of restricted stock units (RSUs) into 28,531 ordinary shares on November 4, 2026.
- F2. Represents RSUs, 30,702 of which vest in equal installments on March 1, 2027, 2028 and 2029, 8,060 of which vest in equal installments on March 1, 2027 and 2028, 24,178 of which vest on March 1, 2029, and 3,739 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.
- F3. 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
Key Terms
restricted stock units (RSUs) financial
tax withholding obligations financial
contingent right financial
FAQ
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When do Sam Franklin’s GFS RSUs vest?
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