GLOBALFOUNDRIES Inc.: CFO Franklin Sam sold 106 shares

What happened

• The Form 4 reports that Franklin Sam, CFO, had 432 restricted stock units vest and settle into 432 ordinary shares on Oct 2, 2026, and 106 shares were withheld/disposed at $50.17 to satisfy tax withholding, generating $5,318.

Key details

• Transaction date and price: Oct 2, 2026 at $50.17 per share; 106 shares disposed for $5,318.
• Shares vested/settled on Oct 2, 2026: 432 ordinary shares (footnote F1).
• Shares withheld for taxes: 106 shares (footnote F3); net shares delivered on vesting: 326 shares (432 minus 106).
• Other RSU schedule (footnote F2): 30,702 RSUs vest in equal installments on Mar 1, 2027, 2028 and 2029; 8,060 RSUs vest in equal installments on Mar 1, 2027 and 2028; 24,178 RSUs vest on Mar 1, 2029; 3,739 RSUs vest on Feb 27, 2027; 28,531 RSUs vest on Nov 4, 2026. Each RSU is a contingent right to receive one share upon settlement.
• Shares owned following the transaction: not reported in this Form 4.
• Filing date and timeliness: filed Oct 6, 2026 for a reportable event on Oct 2, 2026; the filing does not indicate a late filing.

Why it may matter

• The filing shows this was RSU vesting with issuer withholding shares to satisfy tax obligations, not a market purchase or voluntary cash sale of additional shares.
• A filing does not show why the insider traded or why the company acted.