Hogan Michael James 4
4 · GLOBALFOUNDRIES Inc. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
GLOBALFOUNDRIES (GFS) CSO Michael Hogan Sells Shares
What Happened Michael Hogan, Chief Strategy Officer of GLOBALFOUNDRIES (GFS), reported a sale of 2,800 shares in an open-market transaction on 2026-05-13 at $74.64 per share, generating $208,992. The filing also shows a gift of 150 shares (reported with $0 transaction value). Both transactions were disclosed on Form 4 filed 2026-05-15.
Key Details
- Transaction date(s): 2026-05-13
- Sale: 2,800 shares @ $74.64 — proceeds $208,992
- Gift: 150 shares reported as disposed with $0 transaction value (if valued at $74.64, ~ $11,196 market value)
- Footnote: Both the sale and the gift were effected pursuant to a Rule 10b5-1 trading plan (pre-arranged plan)
- Shares owned after the transactions: not disclosed in the provided filing excerpt
- Filing timeliness: Form 4 filed 2026-05-15 for 2026-05-13 transactions; no late filing flag shown in the provided data
Context
- Sales are often routine liquidity events; the 10b5-1 plan note indicates these were pre-scheduled transactions rather than ad-hoc trades.
- Gifts are not typically a strong signal of sentiment about the company’s stock price.
Insider Transaction Report
Form 4
Hogan Michael James
Chief Strategy Officer
Transactions
- Sale
Ordinary Shares
[F1]2026-05-13$74.64/sh−2,800$208,992→ 12,595 total - Gift
Ordinary Shares
[F1]2026-05-13−150→ 12,445 total
Footnotes (1)
- [F1]The sale and gift reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Signature
/s/ Jeff Worth, as Attorney-in-fact for Reporting Person|2026-05-15