GLOBALFOUNDRIES (GFS) Director Jack R. Lazar Receives Award

What Happened
Jack R. Lazar, a director of GLOBALFOUNDRIES Inc. (GFS), received a grant of 3,291 restricted share units (RSUs) on July 28, 2026. The award was reported as an acquisition (code A) at $0.00 per RSU—RSUs are compensation awards, not an open-market purchase or sale. These 3,291 RSUs vest on July 28, 2027, subject to continued service; each RSU represents a contingent right to one ordinary share upon settlement.

Key Details

• Transaction date: July 28, 2026. Form 4 filed July 30, 2026 (appears timely).
• Grant: 3,291 RSUs, acquisition price $0.00 (award).
• Total RSUs reported for the reporting person: 8,858 RSUs in aggregate — 5,567 vest on July 29, 2026, and 3,291 vest on July 28, 2027 (per footnotes).
• Vesting conditions: subject to continued service through each vesting date.
• Transaction code: A = Award/Grant. No sale or purchase of shares occurred, and no tax-withholding sale is indicated.

Context
RSU grants are a common form of equity compensation for directors and executives and do not by themselves indicate buying or selling sentiment. These RSUs convert to actual shares only upon vesting/settlement, so the economic impact depends on future vesting and the company’s share price at that time.