Hogan Michael James 4
4 · GLOBALFOUNDRIES Inc. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
Form 4
Hogan Michael James
Chief Strategy Officer
Transactions
- Sale
Ordinary Shares
[F1]2026-04-15$48.31/sh−1,800$86,958→ 18,995 total - Gift
Ordinary Shares
[F1]2026-04-15−150→ 18,845 total
Footnotes (1)
- [F1]The reporting person is subject to a lock-up agreement that expires on May 10, 2026 that was entered into with the underwriters in connection with an offering of securities by the issuer's majority shareholder. The sale and gift of shares are a permissible exemption under the terms of the lock-up agreement. The sale and gift reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person prior to the offering.
Signature
/s/ Jeff Worth, as Attorney-in-fact for Reporting Person|2026-04-17