STOCK TITAN

Director Obeid vests RSUs at GLOBALFOUNDRIES Inc. (GFS) and withholds shares

(Neutral)
(Neutral)
Form Type
4

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 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)
  1. F1. Reflects the vesting and settlement of restricted stock units (RSUs) into 5,567 ordinary shares on July 29, 2026.
  2. 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.
  3. 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.
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
Restricted Share Units financial
"Represents 3,291 RSUs, which vest on July 28, 2027, subject to the reporting person's continued service"
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.
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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

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.

How many GLOBALFOUNDRIES (GFS) shares were withheld for taxes in this Form 4?

The filing shows that 1,671 ordinary shares of GLOBALFOUNDRIES were withheld to satisfy tax withholding obligations. These shares relate to the vesting and settlement of RSUs and were valued at $49.0200 per share for this tax transaction.

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.
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*
OBEID CARLOS ANTOINE

(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)
07/29/2026
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 Units3,291(1)(2)D
Ordinary Shares07/29/2026F1,671(3)D$49.0219,455(1)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 the vesting and settlement of restricted stock units (RSUs) into 5,567 ordinary shares on July 29, 2026.
2. 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.
3. 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.
Remarks:
/s/ Angela Corsilles, as Attorney-in-fact for Reporting Person07/31/2026
** 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)