Hogan Michael James 4

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.