Hogan Michael James 4

What Happened

• Michael J. Hogan, Chief Business Officer of GLOBALFOUNDRIES (GFS), sold 2,300 shares in an open-market transaction on April 29, 2026 at $60.69 per share, for proceeds of $139,587. On the same day he also gifted 150 shares (reported as a gift, $0 value for the filer).
• These transactions are dispositions (not purchases) and therefore should be viewed as routine insider selling/gifting rather than a buy signal.

Key Details

• Transaction date: 2026-04-29; Sale: 2,300 shares @ $60.69 = $139,587; Gift: 150 shares @ $0.00.
• Shares owned after transaction: not specified in the excerpt of the Form 4 provided.
• Footnote: Transactions were effected under a Rule 10b5-1 trading plan adopted prior to the issuer’s offering; the reporting person is subject to a lock-up agreement expiring May 10, 2026 but the reported sale and gift were permitted under that agreement.
• Filing timeliness: Form 4 filed May 1, 2026 for an April 29 transaction (filed within the standard 2-business-day window).
• Transaction codes: S = Sale; G = Gift.

Context

• Gifts are transfers that generally do not indicate the filer’s market view; sales under pre-established 10b5-1 plans are commonly used to orderly liquidate holdings and can be routine.
• No purchases, option exercises, or tax-withholding dispositions were reported in this filing.