A GlobalFoundries director sold 1,671 shares to cover tax withholding, holding 9,202 shares post-transaction amid a $27.4 billion market cap.
A GlobalFoundries Inc. (NASDAQ:GFS) director sold 1,671 shares on July 29, 2026, at a weighted average price of $49.02, totaling approximately $82,000. The sale was non-discretionary, executed to satisfy tax withholding obligations tied to the vesting of restricted stock units.
GlobalFoundries, with a $27.4 billion market capitalization, reported trailing twelve-month revenue of $6.8 billion and net income of $778.0 million. The company’s stock has returned 17% over the past year, trading at $49.89 as of July 30, 2026, slightly above the sale price.
The director retains 9,202 shares directly, representing less than 0.01% of the company’s equity, with additional unvested RSUs scheduled for settlement in 2027.