GLOBALFOUNDRIES (GFS) director reports RSU vesting and 1,792-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. director Marc Antaki reported routine equity compensation activity tied to restricted stock units. On April 29, 2026, 5,971 RSUs vested and were settled into the same number of ordinary shares. To cover tax withholding obligations, the issuer withheld 1,792 ordinary shares at a price of $59.49 per share, a non-market disposition rather than an open-market sale. Following these transactions, Antaki directly holds 4,179 ordinary shares and 11,538 RSUs. Of these RSUs, 5,971 are scheduled to vest in equal installments on April 29, 2027, and 5,567 are scheduled to vest on July 29, 2026, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Antaki Marc
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 1,792 | $59.49 | $107K |
| holding | Restricted Share Units | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 4,179 shares (Direct, null);
Restricted Share Units — 11,538 shares (Direct, null)
Footnotes (1)
- Reflects the vesting and settlement of restricted stock units (RSUs) into 5,971 ordinary shares on April 29, 2026. Represents restricted stock units (RSUs), 5,971 of which vest in equal installments on April 29, 2027, and 5,567 of which vest on July 29, 2026, 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. 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
RSUs vested and settled: 5,971 shares
Shares withheld for taxes: 1,792 shares
Tax withholding share price: $59.49 per share
+4 more
7 metrics
RSUs vested and settled
5,971 shares
Vested and settled into ordinary shares on April 29, 2026
Shares withheld for taxes
1,792 shares
Withheld by issuer to satisfy tax obligations on April 29, 2026
Tax withholding share price
$59.49 per share
Valuation used for 1,792 withheld shares
Ordinary shares held after
4,179 shares
Direct holdings following April 29, 2026 transactions
RSUs held after
11,538 RSUs
Total restricted stock units outstanding after transactions
Future vesting on July 29, 2026
5,567 RSUs
Subject to continued service through July 29, 2026
Future vesting on April 29, 2027
5,971 RSUs
To vest in equal installments on April 29, 2027
Key Terms
restricted stock units, RSUs, vesting and settlement, tax withholding obligations
4 terms
restricted stock units financial
"Reflects the vesting and settlement of restricted stock units (RSUs) into 5,971 ordinary shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Represents restricted stock units (RSUs), 5,971 of which vest in equal installments"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
vesting and settlement financial
"Reflects the vesting and settlement of restricted stock units (RSUs) into 5,971 ordinary shares"
tax withholding obligations financial
"to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement"
FAQ
What did GLOBALFOUNDRIES (GFS) director Marc Antaki report in this Form 4?
Marc Antaki reported vesting of 5,971 restricted stock units into ordinary shares and related tax withholding. The filing shows routine equity compensation activity rather than an open-market trade, with updated share and RSU holdings after the April 29, 2026 transactions.
When will Marc Antaki’s remaining GLOBALFOUNDRIES (GFS) RSUs vest?
Of Marc Antaki’s remaining 11,538 RSUs, 5,971 are scheduled to vest in equal installments on April 29, 2027. The other 5,567 RSUs are scheduled to vest on July 29, 2026, provided he continues in service through each specified vesting date.