Antaki Marc 4

What Happened
Marc Antaki, a director of GLOBALFOUNDRIES (GFS), had 1,792 shares withheld by the company on April 29, 2026 to satisfy tax withholding related to the vesting/settlement of restricted stock units (RSUs). The withheld shares were valued at $59.49 each, totaling approximately $106,606. On that date 5,971 RSUs settled into ordinary shares; after withholding, the reporting person received a net 4,179 shares from that settlement.

Key Details

• Transaction date: April 29, 2026. Filing date: May 1, 2026 (filed within the usual two-business-day Form 4 window).
• Transaction code: F — payment of tax liability via share withholding (not an open-market sale).
• Withheld/disposed: 1,792 shares at $59.49 each, total ~$106,606.
• RSU settlement: 5,971 RSUs settled into shares on April 29, 2026; net issued to Antaki = 5,971 − 1,792 = 4,179 shares.
• Additional RSU schedule (per footnote): further RSUs are scheduled to vest on July 29, 2026 and April 29, 2027 (see filing footnotes for details).
• Purpose: withholding to satisfy tax obligations (routine, not a discretionary sale).

Context
This was a tax-withholding transaction tied to RSU settlement (a common, administrative action). It does not indicate a separate market sale or purchase decision by the insider. For derivative transactions like this, the important signals are net shares received and whether shares were sold into the market — here the shares were retained by the issuer to cover taxes.