Hogan Michael James 4
Research Summary
AI-generated summary
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.