GLOBALFOUNDRIES (GFS) CSO Michael Hogan Sells 2,800 Shares

What Happened
Michael Hogan, Chief Strategy Officer at GLOBALFOUNDRIES (GFS), reported an open-market sale of 2,800 shares on June 24, 2026, at $83.53 per share for total proceeds of $233,884. The filing also shows a separate disposition of 150 shares as a gift (no proceeds).

Key Details

• Transaction date: 2026-06-24. Sale price: $83.53; sale proceeds: $233,884. Gift: 150 shares reported with $0 proceeds.
• Filing date / accession: Form 4 filed 2026-06-26 (covers 6/24/2026 transactions) — appears timely.
• Shares owned after transaction: Not specified in the excerpt provided.
• Footnote: The sale and gift were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person (per filing footnote F1).

Context
Sales executed under a 10b5-1 plan are prearranged and often routine; gifts are not a market-sale and do not reflect sale proceeds or direct market sentiment. This report documents dispositions (not purchases or option exercises).