GLOBALFOUNDRIES Inc. (NASDAQ: GFS) director Kerko RSUs vest into 5,567 shares
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. director David M. Kerko reported equity award activity effective July 29, 2026. Restricted stock units vested and were settled into 5,567 ordinary shares, updating his direct ownership position.
After these changes he directly holds 68,825 ordinary shares and 3,291 restricted share units scheduled to vest on July 28, 2027, subject to his continued service through that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
KERKO DAVID M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units F1, F2 | -- | -- | -- |
| holding | Ordinary Shares F1 | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 3,291 shares (Direct);
Ordinary Shares — 68,825 shares (Direct)
Footnotes (2)
- 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.
Key Figures
Ordinary shares from RSU vesting: 5,567 shares
Ordinary shares held after event: 68,825 shares
Unvested RSUs outstanding: 3,291 RSUs
+2 more
5 metrics
Ordinary shares from RSU vesting
5,567 shares
RSUs vested and settled into ordinary shares on July 29, 2026
Ordinary shares held after event
68,825 shares
Direct holdings of David M. Kerko following July 29, 2026 vesting
Unvested RSUs outstanding
3,291 RSUs
RSUs scheduled to vest on July 28, 2027, subject to continued service
RSU vesting date
July 28, 2027
Scheduled vesting date for 3,291 RSUs
Equity award activity date
July 29, 2026
Date RSUs vested into 5,567 ordinary shares
Key Terms
Restricted Share Units, vesting and settlement, contingent right to receive
3 terms
vesting and settlement financial
"Reflects the vesting and settlement of restricted stock units (RSUs)..."
contingent right to receive financial
"Each RSU represents a contingent right to receive one share..."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did GLOBALFOUNDRIES (GFS) report for David M. Kerko?
GLOBALFOUNDRIES reported that director David M. Kerko had restricted stock units vest into 5,567 ordinary shares on July 29, 2026. Following this equity award activity, he directly holds 68,825 ordinary shares and 3,291 RSUs that remain unvested.
Are David M. Kerko’s GLOBALFOUNDRIES (GFS) transactions under a Rule 10b5-1 plan?
The Form 4 indicates the checkbox affirming trades under a Rule 10b5-1 trading plan was not checked. The filing therefore does not characterize the reported RSU vesting and resulting share holdings as executed under such a pre-arranged plan.