GLOBALFOUNDRIES (NASDAQ: GFS) awards RSUs, settles 1,861 shares to director
Rhea-AI Filing Summary
Yerramilli - Rao Bobby Satyadev reported acquisition or exercise transactions in this Form 4 filing.
GLOBALFOUNDRIES Inc. director Yerramilli - Rao Bobby Satyadev received equity-based compensation on July 28, 2026. He was awarded 3,291 Restricted Share Units (RSUs) that vest on July 28, 2027, increasing his RSU holdings to 8,858, with 5,567 vesting July 29, 2026 and 3,291 on July 28, 2027. He also received 1,861 ordinary shares through the immediate vesting and settlement of RSUs elected in lieu of cash compensation, bringing his direct ordinary share holdings to 22,585.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,152 shares
Net Buy
2 txns
Insider
Yerramilli - Rao Bobby Satyadev
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units F1, F2 | 3,291 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares F3 | 1,861 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Share Units — 8,858 shares (Direct);
Ordinary Shares — 22,585 shares (Direct)
Footnotes (3)
- 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.
- F3. Reflects the immediate vesting and settlement of a grant of RSUs into 1,861 ordinary shares on July 28, 2026, which the reporting person elected to receive in lieu of cash compensation.
Key Figures
New RSU grant: 3,291 RSUs
Total RSUs held: 8,858 RSUs
RSUs vesting 2026: 5,567 RSUs
+3 more
6 metrics
New RSU grant
3,291 RSUs
Awarded to the director on July 28, 2026, vesting July 28, 2027
Total RSUs held
8,858 RSUs
RSU balance after the July 28, 2026 grant
RSUs vesting 2026
5,567 RSUs
Portion of RSUs scheduled to vest on July 29, 2026
RSUs vesting 2027
3,291 RSUs
Portion of RSUs scheduled to vest on July 28, 2027
Shares from RSU settlement
1,861 ordinary shares
Immediate vesting and settlement of RSUs in lieu of cash on July 28, 2026
Ordinary shares held
22,585 ordinary shares
Director’s direct share holdings after the July 28, 2026 settlement
Key Terms
Restricted Share Units, vest, settlement, in lieu of cash compensation
4 terms
vest financial
"Such RSUs vest on July 28, 2027, subject to the reporting person's 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.
settlement financial
"Each RSU represents a contingent right to receive one share upon settlement."
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
in lieu of cash compensation financial
"RSUs into 1,861 ordinary shares on July 28, 2026, which the reporting person elected to receive in lieu of cash compensation."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did GLOBALFOUNDRIES (GFS) report for Yerramilli - Rao Bobby Satyadev?
On July 28, 2026, director Yerramilli - Rao Bobby Satyadev acquired 3,291 RSUs and received 1,861 ordinary shares from the settlement of RSUs he chose instead of cash compensation, increasing both his RSU and share holdings.
What are the vesting terms of the new RSU grant reported by GLOBALFOUNDRIES (GFS)?
The new grant of 3,291 RSUs awarded on July 28, 2026 vests in full on July 28, 2027. Vesting is conditioned on the director’s continued service with GLOBALFOUNDRIES through that vesting date, after which each RSU settles into one ordinary share.