GLOBALFOUNDRIES (GFS) Director Marc Antaki Receives RSU Award

What Happened
Marc Antaki, a director of GLOBALFOUNDRIES (GFS), received equity awards on July 28, 2026 and had shares withheld to cover tax obligations. The filing reports awards/acquisitions of 3,291 RSUs and 1,610 RSUs (both recorded at $0.00 per share) and the withholding/disposition of 483 ordinary shares at $53.18 per share for tax withholding, producing proceeds of $25,686. The 1,610 RSUs were immediately vested and settled (elected in lieu of cash); 483 of the resulting shares were withheld to satisfy taxes (net immediate shares received = 1,127).

Key Details

• Transaction date: July 28, 2026. Filing date: July 30, 2026 (timely).
• Grant/award entries (code A): 3,291 RSUs @ $0.00 and 1,610 RSUs @ $0.00.
• Withholding/disposition (code F): 483 shares sold/withheld at $53.18 each, total $25,686, to satisfy tax withholding.
• Vesting/settlement: Footnote indicates 1,610 RSUs immediately vested and were settled into shares the reporting person elected to receive instead of cash. The 3,291 RSUs vest on July 28, 2027, subject to continued service. (Footnotes F1–F4 describe RSU terms and withholding.)
• Shares owned following the transactions: not specified in the provided filing excerpt.
• Filing timeliness: filed within two business days of the report date (no late filing indicated).

Context

• These transactions are equity awards (RSUs) rather than open-market purchases or sales. RSUs are grants that convert to ordinary shares upon vesting; here a portion vested immediately and was settled in shares, with a portion withheld to cover taxes (a common administrative action).
• The withholding sale (code F) is a tax-related disposition and does not necessarily reflect a discretionary sale or change in investment view.