Vicari Samuel 4
Research Summary
AI-generated summary
GLOBALFOUNDRIES (GFS) CCO Samuel Vicari Sells 8,692 Shares
What Happened
Samuel Vicari, Chief Customer Officer of GLOBALFOUNDRIES (GFS), sold 8,692 shares in open-market transactions on May 11, 2026. The weighted-average sale price was $75.62 per share, for a total proceeds of approximately $657,289. This was a sale (S) — a disposition of shares rather than a purchase.
Key Details
- Transaction date: May 11, 2026; Form 4 filed May 13, 2026 (reported within two business days — timely).
- Price: weighted average $75.62; individual sales ranged from $75.60 to $75.66 per share (see footnote).
- Shares sold: 8,692; total proceeds ≈ $657,289.
- Shares owned after the transaction: not specified in the provided summary.
- Notable footnote: F1 states the reported amounts are aggregate, prices are weighted-average, and the reporting person can provide per-price sale counts on request.
- No 10b5-1 plan, gift, option exercise, or tax-withholding detail was disclosed in the supplied data.
Context
This was an open-market sale, which insiders often undertake for routine reasons (diversification, liquidity, taxes) and which generally carries less informational weight than insider purchases. The filing appears timely; there’s no indication in the provided details of a planned-trading program or other special circumstances.