GLOBALFOUNDRIES (GFS) awards 3,291 restricted share units to director
Rhea-AI Filing Summary
LAZAR JACK R reported acquisition or exercise transactions in this Form 4 filing.
GLOBALFOUNDRIES Inc. director Jack R. Lazar received a grant of 3,291 restricted share units (RSUs) on July 28, 2026. These RSUs vest on July 28, 2027, subject to his continued service. Following the award, he holds 8,858 RSUs in total, with 5,567 vesting on July 29, 2026 and 3,291 vesting on July 28, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,291 shares
Net Buy
1 txn
Insider
LAZAR JACK R
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 awarded: 3,291 RSUs
Total RSUs after award: 8,858 RSUs
RSUs vesting July 29, 2026: 5,567 RSUs
+1 more
4 metrics
RSUs awarded
3,291 RSUs
RSUs awarded to Jack R. Lazar on July 28, 2026
Total RSUs after award
8,858 RSUs
Total RSUs held by Jack R. Lazar following the reported grant
RSUs vesting July 29, 2026
5,567 RSUs
Portion of Lazar's RSUs scheduled to vest on July 29, 2026
RSUs vesting July 28, 2027
3,291 RSUs
Portion of Lazar's RSUs scheduled to vest on July 28, 2027
Key Terms
Restricted Share Units, vest, contingent right
3 terms
vest financial
"Such RSUs vest on July 28, 2027, subject to continued service"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those 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 insider transaction did GLOBALFOUNDRIES (GFS) report for Jack R. Lazar?
Jack R. Lazar received 3,291 restricted share units (RSUs) of GLOBALFOUNDRIES Inc. on July 28, 2026. The award is a stock-based compensation grant, not an open-market purchase or sale, and is reported as a direct acquisition of non-derivative equity awards.
When do the new RSUs reported by GLOBALFOUNDRIES (GFS) for Jack R. Lazar vest?
The newly granted 3,291 RSUs vest on July 28, 2027, conditioned on Jack R. Lazar’s continued service with GLOBALFOUNDRIES through that date. Upon vesting and settlement, each RSU converts into one ordinary share of GLOBALFOUNDRIES Inc.
How many RSUs does Jack R. Lazar hold in GLOBALFOUNDRIES (GFS) after this award?
After the grant, Jack R. Lazar holds 8,858 RSUs in total. Of these, 5,567 RSUs are scheduled to vest on July 29, 2026, and 3,291 RSUs are scheduled to vest on July 28, 2027, all subject to continued service.
Is the GLOBALFOUNDRIES (GFS) Form 4 transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not selected, indicating the RSU grant was not reported as made under a pre-arranged trading plan. It is disclosed as an equity award rather than a trade executed pursuant to such a plan.