Director Obeid vests RSUs at GLOBALFOUNDRIES Inc. (GFS) and withholds shares
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. director Carlos Antoine Obeid reported the vesting and settlement of restricted stock units into 5,567 ordinary shares on July 29, 2026. To satisfy tax withholding obligations, 1,671 of these shares were withheld by the company at $49.0200 per share, leaving 19,455 ordinary shares held directly. He also holds 3,291 restricted share units scheduled to vest on July 28, 2027, each representing a contingent right to receive one ordinary share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,671 shares
Net Sell
2 txns
Insider
OBEID CARLOS ANTOINE
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 — 19,455 shares (Direct);
Restricted Share Units — 3,291 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 3,291 RSUs, which vest on July 28, 2027, subject to the reporting person's continued service through the 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: 1671.0000 shares
Tax withholding reference price: $49.0200 per share
Shares from RSU vesting: 5,567 ordinary shares
+3 more
6 metrics
Shares withheld for taxes
1671.0000 shares
Ordinary shares withheld on July 29, 2026 to satisfy tax withholding obligations
Tax withholding reference price
$49.0200 per share
Per-share value applied to the 1,671 withheld ordinary shares
Shares from RSU vesting
5,567 ordinary shares
Ordinary shares received from vesting and settlement of RSUs on July 29, 2026
Direct ordinary shares after transaction
19,455 shares
Total ordinary shares directly held by the reporting person following the withholding
Unvested RSUs outstanding
3,291 RSUs
Restricted share units scheduled to vest on July 28, 2027
Future RSU vesting date
July 28, 2027
Date on which 3,291 RSUs are scheduled to vest, subject to continued service
Key Terms
Restricted Share Units, tax withholding obligations, contingent right
3 terms
tax withholding obligations financial
"Represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations"
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 activity did GLOBALFOUNDRIES (GFS) report for Carlos Antoine Obeid?
GLOBALFOUNDRIES reported that Carlos Antoine Obeid had RSUs vest into 5,567 ordinary shares on July 29, 2026. To cover taxes, 1,671 shares were withheld by the company, and he now directly holds 19,455 ordinary shares plus RSUs.
What are Carlos Antoine Obeid’s GLOBALFOUNDRIES (GFS) holdings after the reported transactions?
After the reported events, Carlos Antoine Obeid directly holds 19,455 ordinary shares of GLOBALFOUNDRIES. He also holds 3,291 restricted share units (RSUs), each representing a contingent right to receive one ordinary share upon future settlement.
When will the remaining RSUs reported for GLOBALFOUNDRIES (GFS) director Obeid vest?
The remaining 3,291 RSUs held by director Carlos Antoine Obeid are scheduled to vest on July 28, 2027. Each RSU represents a contingent right to receive one GLOBALFOUNDRIES ordinary share upon settlement, subject to his continued service.
Was this GLOBALFOUNDRIES (GFS) Form 4 an open-market sale by the director?
No. The Form 4 describes a tax-withholding disposition, not an open-market sale. 1,671 shares were withheld by GLOBALFOUNDRIES to cover tax obligations arising from the RSU vesting and settlement, while the remaining vested shares increased his direct holdings.