Hogan Michael James 4

What Happened
Hogan Michael James (listed as Michael Hogan), GLOBALFOUNDRIES' Chief Business Officer, sold 500 shares of GFS common stock on May 5, 2026 at $70.00 per share, generating proceeds of $35,000. This was a sale (not a purchase) and therefore often viewed as routine insider selling rather than a direct bullish signal.

Key Details

• Transaction date and price: May 5, 2026 — 500 shares sold at $70.00 each.
• Total value: Approximately $35,000.
• Shares owned after transaction: Not specified in the summary provided in this request / not reported here.
• Filing date: Form 4 filed May 7, 2026 (report lists period of report as May 5, 2026); the filing shows no special late‑filing disclosure.
• Notable footnote: The reporting person is subject to a lock-up that expires May 10, 2026; this sale was permitted under that lock-up and was effected pursuant to a Rule 10b5-1 trading plan adopted before the offering.

Context
Sales executed under a pre-established Rule 10b5-1 trading plan are generally planned in advance and can be for routine or diversification/tax reasons; they do not necessarily reflect the insider’s current view of the company. The lock-up footnote indicates the sale complied with restrictions related to a recent offering by the issuer’s majority shareholder.