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GlobalFoundries (NASDAQ: GFS) awards 3,291 RSUs to director Glenda Dorchak

(Neutral)
(Neutral)
Form Type
4

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.

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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)
  1. 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.
  2. 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.
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
Restricted Share Units financial
"Security title is listed as Restricted Share Units granted to the director."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
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."
ordinary shares financial
"One share of the issuer's ordinary shares upon settlement is delivered for each vested RSU."
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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.

How many restricted share units does Glenda Dorchak hold after this Form 4 for GFS?

Following the July 28, 2026 grant, Glenda Dorchak is reported to hold a total of 8,858 RSUs. This total includes 5,567 RSUs vesting on July 29, 2026 and 3,291 RSUs vesting on July 28, 2027, assuming continued service.

Do Glenda Dorchak’s RSUs at GLOBALFOUNDRIES (GFS) convert into ordinary shares?

Yes. Each RSU granted to Glenda Dorchak represents a contingent right to receive one share of GLOBALFOUNDRIES’ ordinary shares. Delivery of those shares occurs upon settlement, provided each RSU has vested and the continued-service conditions have been satisfied.

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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Dorchak Glenda

(Last)(First)(Middle)
400 STONE BREAK ROAD EXTENSION

(Street)
MALTA NEW YORK 12020

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GLOBALFOUNDRIES Inc. [ GFS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Restricted Share Units07/28/2026A3,291(1)A$08,858(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
Remarks:
/s/ Angela Corsilles, as Attorney-in-fact for Reporting Person07/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)