GLOBALFOUNDRIES Inc. (NASDAQ: GFS) grants director Kerko 3,291 RSUs
Rhea-AI Filing Summary
KERKO DAVID M reported acquisition or exercise transactions in this Form 4 filing.
GLOBALFOUNDRIES Inc. director David M. Kerko received an award of 3,291 restricted share units (RSUs) on July 28, 2026. These RSUs are scheduled to vest on July 28, 2027, subject to his continued service. Following this grant, he holds 8,858 RSUs, of which 5,567 vest on July 29, 2026 and 3,291 on July 28, 2027. Each RSU represents a contingent right to receive one ordinary share upon settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,291 shares
Net Buy
1 txn
Insider
KERKO DAVID M
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 units
RSUs outstanding after grant: 8,858 units
RSUs vesting July 29, 2026: 5,567 units
+1 more
4 metrics
RSUs granted
3,291 units
Restricted share units awarded on July 28, 2026
RSUs outstanding after grant
8,858 units
Total RSUs reported as held following the award
RSUs vesting July 29, 2026
5,567 units
Portion of RSUs scheduled to vest on July 29, 2026
RSUs vesting July 28, 2027
3,291 units
Portion of RSUs scheduled to vest on July 28, 2027
Key Terms
Restricted Share Units, vesting, contingent right, ordinary shares
4 terms
vesting financial
"Such RSUs vest on July 28, 2027, subject to 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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did GLOBALFOUNDRIES (GFS) director David M. Kerko receive on July 28, 2026?
David M. Kerko received an award of 3,291 restricted share units (RSUs) from GLOBALFOUNDRIES on July 28, 2026. These RSUs vest on July 28, 2027, and each RSU represents a contingent right to receive one ordinary share upon settlement.
How many GLOBALFOUNDRIES (GFS) RSUs does David M. Kerko hold after the reported award?
After the reported award, David M. Kerko holds 8,858 RSUs in GLOBALFOUNDRIES. This total includes 5,567 RSUs scheduled to vest on July 29, 2026, and 3,291 RSUs scheduled to vest on July 28, 2027, all subject to continued service.
What is the vesting schedule for David M. Kerko’s GLOBALFOUNDRIES (GFS) RSUs?
Kerko’s RSUs follow a two-part vesting schedule: 5,567 RSUs vest on July 29, 2026, and 3,291 RSUs vest on July 28, 2027. Vesting on each date is subject to his continued service with GLOBALFOUNDRIES through the respective vesting dates.
What does each RSU granted to David M. Kerko by GLOBALFOUNDRIES (GFS) represent?
Each RSU granted to David M. Kerko represents a contingent right to receive one ordinary share of GLOBALFOUNDRIES. Shares are delivered upon settlement, provided vesting conditions are satisfied through the applicable vesting dates.
Are David M. Kerko’s GLOBALFOUNDRIES (GFS) RSUs subject to continued service conditions?
Yes. The RSUs are subject to continued service conditions. The 5,567 RSUs vesting on July 29, 2026 and the 3,291 RSUs vesting on July 28, 2027 each require that Kerko remain in service with GLOBALFOUNDRIES through the respective vesting dates.