GlobalFoundries Inc. Chief Financial Officer Sam Franklin filed a Form 4 on November 6, 2026, disclosing the vesting and settlement of restricted stock units and a related share withholding transaction dated November 4, 2026.

Key Highlights

  • RSU settlement: 28,531 ordinary shares were issued to Sam Franklin on November 4, 2026, upon the vesting and settlement of restricted stock units.
  • Shares withheld for taxes: 11,213 ordinary shares were withheld by the issuer at $42.89 per share to satisfy tax withholding obligations connected to the RSU vesting.
  • Remaining beneficial ownership: Following the transactions, Franklin directly holds 37,413 ordinary shares and 66,679 restricted stock units.
  • Future RSU vesting schedule: Of the remaining RSUs, 30,702 vest in equal installments on March 1, 2027, 2028, and 2029; 8,060 vest in equal installments on March 1, 2027 and 2028; 24,178 vest on March 1, 2029; and 3,739 vest on February 27, 2027.
  • Issuer and listing: GLOBALFOUNDRIES Inc. trades under NASDAQ:GFS.

Sam Franklin's RSU Settlement and Tax Withholding at GlobalFoundries

According to the filing, Sam Franklin, Chief Financial Officer of GLOBALFOUNDRIES Inc. (NASDAQ:GFS), reported two transactions stemming from a single RSU vesting event on November 4, 2026. The vesting and settlement of restricted stock units resulted in the issuance of 28,531 ordinary shares to Franklin. As part of the same event, 11,213 of those shares were withheld by the issuer at a price of $42.89 per share to cover Franklin's tax withholding obligations, a standard mechanism noted in the filing's explanation of responses.

After these transactions, the filing reports that Franklin directly holds 37,413 ordinary shares. The filing also discloses 66,679 restricted stock units remaining, all subject to Franklin's continuous service through each applicable vesting date. According to the filing, these RSUs are scheduled across multiple tranches: 30,702 vesting in equal installments on March 1 of 2027, 2028, and 2029; 8,060 vesting in equal installments on March 1, 2027 and 2028; 24,178 vesting on March 1, 2029; and 3,739 vesting on February 27, 2027. Each RSU, the filing states, "represents a contingent right to receive one share of the issuer's ordinary shares upon settlement."

The Form 4 was signed on November 6, 2026, by Angela Corsilles as attorney-in-fact for the reporting person. The filing notes that the earliest transaction date is November 4, 2026, and was filed by one reporting person.

What Was Disclosed

The filing disclosed an RSU vesting event for GlobalFoundries CFO Sam Franklin on November 4, 2026, covering 28,531 shares issued and 11,213 shares withheld for taxes at $42.89, with 37,413 ordinary shares and 66,679 RSUs held afterward.