GLOBALFOUNDRIES (GFS) CBO Michael Hogan Sells 1,800 Shares

What Happened Michael Hogan, Chief Business Officer of GLOBALFOUNDRIES (GFS), sold 1,800 shares in an open-market transaction on April 15, 2026 at $48.31 per share for total proceeds of $86,958. On the same date he also disposed of 150 shares as a gift. Both transactions were reported on Form 4 filed April 17, 2026.

Key Details

• Transaction date(s): April 15, 2026
• Sale: 1,800 shares at $48.31 — proceeds $86,958
• Gift: 150 shares (reported as a gift; $0 proceeds in filing)
• Trades were effected pursuant to a pre-established Rule 10b5-1 trading plan
• Reporting notes a lock-up agreement (expires May 10, 2026); these transfers were permitted under that agreement
• Shares owned after the transactions: not specified in the provided filing excerpt
• Filing timeliness: Form 4 filed April 17, 2026 (timely under Form 4 rules)

Context This filing shows a routine insider sale plus a gift. Sales executed under a 10b5-1 plan are pre-scheduled and do not necessarily reflect the insider’s current view of the company. Gifts are personal transfers and are not market-directional signals.