GLOBALFOUNDRIES Inc. (NASDAQ: GFS) director RSUs vest; shares withheld for taxes
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. director Marc Antaki had RSUs vest into 5,567 ordinary shares on July 29, 2026. To satisfy tax obligations related to this vesting, the issuer withheld 1,671 ordinary shares at $49.02 per share, leaving Antaki with 9,202 ordinary shares held directly and 9,262 restricted share units (RSUs) outstanding. Of these RSUs, 5,971 are scheduled to vest on April 29, 2027 and 3,291 on July 28, 2027, subject to continued service; each RSU represents a contingent right to receive one ordinary share upon settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,671 shares
Net Sell
2 txns
Insider
Antaki Marc
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares F3, F1 | 1,671 | $49.02 | $82K |
| holding | Restricted Share Units F1, F2 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 9,202 shares (Direct);
Restricted Share Units — 9,262 shares (Direct)
Footnotes (3)
- F1. Reflects the vesting and settlement of restricted stock units (RSUs) into 5,567 ordinary shares on July 29, 2026.
- F2. Represents 9,262 RSUs, 5,971 of which vest on April 29, 2027, 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.
- 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
Shares withheld for taxes: 1,671 shares
Tax withholding price: $49.02 per share
Ordinary shares held after transaction: 9,202 shares
+4 more
7 metrics
Shares withheld for taxes
1,671 shares
Ordinary shares withheld on July 29, 2026 to satisfy tax obligations on RSU vesting
Tax withholding price
$49.02 per share
Value used for the 1,671 ordinary shares withheld for Marc Antaki’s tax obligations
Ordinary shares held after transaction
9,202 shares
GLOBALFOUNDRIES ordinary shares directly held by Marc Antaki following the tax-withholding disposition
RSUs outstanding after transaction
9,262 RSUs
Restricted share units held by Marc Antaki representing contingent rights to ordinary shares
RSUs vesting April 29, 2027
5,971 RSUs
Portion of outstanding RSUs scheduled to vest on April 29, 2027, subject to continued service
RSUs vesting July 28, 2027
3,291 RSUs
Remaining RSUs scheduled to vest on July 28, 2027, subject to continued service
RSUs settled into shares
5,567 shares
Restricted stock units that vested and settled into ordinary shares on July 29, 2026
Key Terms
restricted stock units (RSUs), vesting and settlement, tax withholding obligations, contingent right to receive one share
4 terms
restricted stock units (RSUs) financial
"Reflects the vesting and settlement of restricted stock units (RSUs) into 5,567 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 restricted stock units (RSUs) into 5,567 ordinary shares"
tax withholding obligations financial
"withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did GLOBALFOUNDRIES (GFS) director Marc Antaki report?
Marc Antaki reported RSUs vesting into 5,567 ordinary shares on July 29, 2026, with 1,671 shares withheld by GLOBALFOUNDRIES to cover taxes. This is a tax-withholding disposition, not an open-market purchase or sale of shares.
What are Marc Antaki’s GLOBALFOUNDRIES (GFS) holdings after this Form 4?
After the reported transactions, Marc Antaki holds 9,202 ordinary shares of GLOBALFOUNDRIES directly and 9,262 restricted share units. Each RSU represents a contingent right to receive one ordinary share upon future settlement, subject to vesting conditions.
When will Marc Antaki’s remaining GLOBALFOUNDRIES (GFS) RSUs vest?
Of Marc Antaki’s 9,262 RSUs, 5,971 are scheduled to vest on April 29, 2027 and 3,291 on July 28, 2027. These vesting dates are conditioned on his continued service with GLOBALFOUNDRIES through each respective date.
Was Marc Antaki’s GLOBALFOUNDRIES (GFS) tax-withholding transaction under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, so the 1,671-share tax-withholding disposition was not reported as executed under a pre-arranged Rule 10b5-1 trading plan for GLOBALFOUNDRIES stock.