GLOBALFOUNDRIES Director Moorthy Ganesh Receives RSU Award

What Happened

• Moorthy Ganesh, a director of GLOBALFOUNDRIES (GFS), received an award of 3,291 restricted stock units (RSUs) on July 28, 2026. The reported acquisition price was $0.00 (code A — award/grant).
• The filing notes the full grant totals 14,347 RSUs. Of those, 11,056 RSUs vest in equal installments on January 14, 2027 and January 14, 2028 (5,528 RSUs each), and 3,291 RSUs vest on July 28, 2027. Each RSU represents a contingent right to one ordinary share upon settlement.

Key Details

• Transaction date: 2026-07-28; Form 4 filed: 2026-07-30 (appears timely).
• Reported acquisition: 3,291 RSUs at $0.00 (value shown as $0 on the Form 4).
• Total grant disclosed: 14,347 RSUs with the vesting schedule described above.
• Shares owned after transaction: not disclosed in this filing.
• Footnotes clarify these are RSUs (contingent rights to receive shares on settlement) and vest subject to continued service; no tax-withholding or 10b5-1 plan indicated.

Context

• This was a compensation award (RSUs), not a market purchase or sale, so it reflects equity-based pay rather than an immediate cash investment or disposition.
• RSU awards typically vest over time and do not represent immediately tradable shares until settled; they are common executive/director compensation and should be interpreted as such, not as a direct market signal.