GLOBALFOUNDRIES (GFS) Director Glenda Dorchak Receives RSUs

What Happened Glenda Dorchak, a director of GLOBALFOUNDRIES (GFS), was awarded 3,291 restricted share units (RSUs) on July 28, 2026. The reported acquisition price is $0.00 (award/grant), so no cash was paid. According to the filing, these RSUs vest on July 28, 2027, subject to her continued service; each RSU represents a contingent right to receive one ordinary share upon settlement.

Key Details

• Transaction date: July 28, 2026; Form 4 filed July 30, 2026 (timely).
• Transaction type/code: Award/Grant (A) — 3,291 RSUs @ $0.00; reported dollar amount $0.
• Shares/units referenced: Footnotes state a total of 8,858 RSUs are referenced, with 5,567 vesting July 29, 2026 and 3,291 vesting July 28, 2027.
• Shares owned after transaction: Not explicitly stated in the transaction section of the filing.
• Notable footnotes: F1 explains the July 28, 2026 RSUs vest July 28, 2027. F2 summarizes the 8,858 RSU breakdown (5,567 vest 7/29/2026; 3,291 vest 7/28/2027).
• Filing status: Appears timely (no late-filing flag).

Context RSUs are compensation awards that convert to shares on the vesting/settlement date if service conditions are met; they are not open-market purchases or sales. Such grants are common for directors and executives as part of compensation and do not by themselves indicate buying or selling sentiment in the market.