GLOBALFOUNDRIES officer RSUs vest, shares withheld
GLOBALFOUNDRIES Inc. Chief Manufacturing Officer Pradip Singh Hardip Singh reported routine equity compensation activity.
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Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. Chief Manufacturing Officer Pradip Singh Hardip Singh reported routine equity compensation activity. On May 1, 2026, restricted stock units vested and settled into 5,315 ordinary shares, reflecting previously granted awards.
To cover related tax obligations, the issuer withheld 2,714 ordinary shares at $64.60 per share in a non-market, tax-withholding disposition. Following these events, he directly holds 51,764 ordinary shares and 70,095 RSUs scheduled to vest between February 27, 2027 and March 1, 2029, subject to continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 2,714 | $64.60 | $175K |
| holding | Restricted Share Units | -- | -- | -- |
Footnotes (3)
- F1. Reflects the vesting and settlement of restricted stock units (RSUs) into 5,315 ordinary shares on May 1, 2026.
- F2. Represents 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, 5,315 of which vest on May 1, 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.
- 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 financial
RSUs financial
vesting and settlement financial
tax withholding obligations financial
tax-withholding disposition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GLOBALFOUNDRIES (GFS) disclose in this Form 4 for its Chief Manufacturing Officer?
What is the remaining RSU position for the GLOBALFOUNDRIES (GFS) officer after this transaction?
Was the Form 4 transaction for GLOBALFOUNDRIES (GFS) an open-market sale or a tax event?
AI-generated analysis. How Rhea-AI works. Not financial advice.