GlobalFoundries (NASDAQ: GFS) awards 3,291 RSUs to director Glenda Dorchak
Rhea-AI Filing Summary
Dorchak Glenda reported acquisition or exercise transactions in this Form 4 filing.
GLOBALFOUNDRIES Inc. reported that director Glenda Dorchak received a grant of 3,291 restricted share units (RSUs) on July 28, 2026. These RSUs vest on July 28, 2027, subject to continued service, and bring her total reported RSU holdings to 8,858, including 5,567 scheduled to vest on July 29, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,291 shares
Net Buy
1 txn
Insider
Dorchak Glenda
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units F1, F2 | 3,291 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Share Units — 8,858 shares (Direct)
Footnotes (2)
- F1. Reflects restricted share units (RSUs) awarded on July 28, 2026 to the reporting person. Such RSUs vest on July 28, 2027, subject to the reporting person's continued service with the issuer through the vesting date. Each RSU represents a contingent right to receive one share of the issuer's ordinary shares upon settlement.
- F2. Represents 8,858 RSUs, 5,567 of which vest on July 29, 2026, and 3,291 of which vest on July 28, 2027, subject to the reporting person's continued service through each such vesting date. Each RSU represents a contingent right to receive one share of the issuer's ordinary shares upon settlement.
Key Figures
RSUs granted: 3,291 RSUs
Total RSUs after grant: 8,858 RSUs
RSUs vesting July 29, 2026: 5,567 RSUs
+2 more
5 metrics
RSUs granted
3,291 RSUs
Restricted share units awarded to director Glenda Dorchak on July 28, 2026
Total RSUs after grant
8,858 RSUs
Total restricted share units reported as held following the July 28, 2026 award
RSUs vesting July 29, 2026
5,567 RSUs
Portion of Dorchak's RSUs scheduled to vest on July 29, 2026, subject to continued service
RSUs vesting July 28, 2027
3,291 RSUs
Newly granted RSUs scheduled to vest on July 28, 2027, subject to continued service
Per-share transaction price
$0.0000
Reported per-share price for the RSU grant, reflecting a compensation award
Key Terms
Restricted Share Units, vesting, contingent right, ordinary shares
4 terms
vesting financial
"Such RSUs vest on July 28, 2027, subject to the reporting person's continued service."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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 equity award did GLOBALFOUNDRIES (GFS) disclose for director Glenda Dorchak?
GLOBALFOUNDRIES disclosed that director Glenda Dorchak received 3,291 restricted share units (RSUs) on July 28, 2026. These RSUs are part of her equity compensation and represent a contingent right to receive ordinary shares upon settlement, subject to vesting conditions.
What is the vesting schedule for Glenda Dorchak’s new RSUs at GFS?
The newly awarded 3,291 RSUs to Glenda Dorchak vest on July 28, 2027, subject to her continued service with GLOBALFOUNDRIES. In addition, 5,567 existing RSUs are scheduled to vest earlier, on July 29, 2026, under similar continued-service conditions.
Was there any cash price paid for the 3,291 RSUs reported by GFS?
The Form 4 lists a per-share transaction price of $0.0000 for the 3,291 RSUs. This indicates the award is part of equity compensation rather than a market purchase, with value realized later through vesting and settlement into ordinary shares.
What role does Glenda Dorchak hold at GLOBALFOUNDRIES (GFS) in this Form 4 filing?
In this Form 4, Glenda Dorchak is identified as a director of GLOBALFOUNDRIES Inc. The reported RSU grant reflects equity-based compensation associated with her board service, subject to the specified vesting and continued-service conditions.