4Filed Jul 30, 8:00 PM ET
GLOBALFOUNDRIES Director Camilla Languille Withholds Shares for Taxes
$GFS · GLOBALFOUNDRIES Inc.Research Summary
AI-generated summary of this SEC filing
GLOBALFOUNDRIES Director Camilla Languille Withholds Shares for Taxes
What Happened
- Director Camilla Languille had restricted stock units (RSUs) vest and settle into 5,567 ordinary shares on July 29, 2026. To satisfy tax withholding obligations, 1,671 of those shares were withheld (disposed) at a reported per-share value of $49.02, totaling $81,912. The net shares delivered to Languille from this settlement were 3,896 (5,567 settled minus 1,671 withheld). This transaction is a routine tax withholding following an RSU settlement, not an open-market sale or purchase.
Key Details
- Transaction date: July 29, 2026 (reported on Form 4 filed July 31, 2026; appears timely)
- Withheld/disposed: 1,671 shares at $49.02 each = $81,912
- RSUs settled on that date: 5,567 RSUs → 5,567 ordinary shares (total settlement value ≈ $272,894)
- Net shares delivered to insider: 3,896 shares
- Remaining unvested RSUs per footnote: 8,526 RSUs (5,235 vest on Sept 8, 2026; 3,291 vest on July 28, 2027)
- Transaction code: F (payment of exercise price or tax withholding)
- Shares owned after transaction: not specified in the provided filing excerpt
Context
- This was a tax-withholding disposition tied to RSU vesting (common and typically routine). It does not indicate a discretionary sale by the insider and should not be interpreted as a bullish or bearish signal by itself.