Hogan Michael James 4

What Happened
Michael Hogan (Chief Business Officer) reported an open-market sale of 500 shares of GLOBALFOUNDRIES (GFS) on April 20, 2026. The shares were sold at $60.00 per share for aggregate proceeds of $30,000. This was a sale (S) — commonly a routine disposition rather than a direct bullish signal.

Key Details

• Transaction date: 2026-04-20; Filing date: 2026-04-22 (appears timely — within the typical two-business-day Form 4 window).
• Price and amount: 500 shares at $60.00 per share; total proceeds $30,000.
• Shares owned after transaction: Not specified in the Form 4 provided.
• Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted prior to an offering. The reporting person is subject to a lock-up agreement expiring May 10, 2026; this sale was a permissible exemption under that lock-up.
• Transaction code: S = Sale.

Context
Because the sale was executed under a pre-existing Rule 10b5‑1 plan and allowed by a lock-up exemption, it is a prearranged/approved disposition rather than an ad-hoc trade. Sales by insiders occur for many reasons (diversification, liquidity, tax planning) and — unlike purchases — typically offer limited insight into management’s view of the company.