GLOBALFOUNDRIES (GFS) Director David Kerko Receives RSU Award (3,291)

What Happened David M. Kerko, a director of GLOBALFOUNDRIES Inc. (GFS), was awarded 3,291 restricted stock units (RSUs) on July 28, 2026. The transaction is recorded as an award/acquisition (code A) at $0.00 (no cash exchanged at grant); the filing does not state a grant-date dollar value. These RSUs are a contingent right to receive one ordinary share per RSU upon settlement and vest according to the schedule below.

Key Details

• Transaction date: July 28, 2026; Filing date: July 30, 2026 (filed promptly).
• Award reported: 3,291 RSUs, acquisition price listed as $0.00.
• Vesting: Per footnotes, the 3,291 RSUs vest on July 28, 2027, subject to continued service. The filing also references a total of 8,858 RSUs attributable to the reporting person, of which 5,567 vest on July 29, 2026 and 3,291 vest on July 28, 2027.
• Shares owned after transaction: Not specified in this filing.
• Footnotes explain each RSU equals a contingent right to one ordinary share upon settlement; no 10b5-1 plan or tax-withholding sale is noted.

Context RSU grants are a common form of equity compensation for executives and directors and do not involve an immediate purchase or sale of stock. Because these RSUs vest in the future and require continued service, they do not represent an immediate market purchase (a stronger bullish signal) or a sale. Retail investors should view this as compensation-related equity alignment rather than a direct trading signal; eventual share issuance upon vesting could dilute outstanding shares slightly when settled.