4Filed May 28, 8:00 PM ET
GLOBALFOUNDRIES (GFS) CSO Hogan Michael James Sells Shares
$GFS · GLOBALFOUNDRIES Inc.Research Summary
AI-generated summary of this SEC filing
GLOBALFOUNDRIES (GFS) CSO Hogan Michael James Sells Shares
What Happened
Hogan Michael James, Chief Strategy Officer of GLOBALFOUNDRIES (GFS), sold 2,800 shares in an open market/private sale on May 27, 2026 at $82.88 per share for proceeds of $232,064. On the same date he also disposed of 150 shares as a gift. Both transactions were effected under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date(s): 2026-05-27
- Sale: 2,800 shares @ $82.88 = $232,064 (code S, open market/private sale)
- Gift: 150 shares @ $0.00 (code G)
- Footnote: Transactions were made pursuant to a Rule 10b5-1 trading plan (pre-arranged plan).
- Filing: Report filed 2026-05-29 (appears timely under the Form 4 two-business-day rule).
- Shares owned after transaction: Not stated in the information provided.
Context
Sales executed under 10b5-1 plans are typically pre-arranged and can be routine portfolio-management transactions rather than signals of insider sentiment. Gifts are not purchases and do not necessarily reflect views on the company’s prospects.