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GLOBALFOUNDRIES Inc. (NYSE: GFS) CSO logs 2,700-share sale and gift under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

GLOBALFOUNDRIES Inc. Chief Strategy Officer Michael James Hogan reported transactions in Ordinary Shares, including open-market sales of 2,700 shares on July 8–9, 2026 at prices up to $70.90. After these transactions, he held 795 Ordinary Shares directly. The sales and a 100-share gift were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

Positive

  • None.

Negative

  • None.

Insights

Planned insider sales totaling 2,700 shares under a Rule 10b5-1 plan.

Chief Strategy Officer Michael James Hogan executed open-market sales of 2,700 Ordinary Shares of GLOBALFOUNDRIES Inc. at prices of $65.90 and $70.90, plus a 100-share bona fide gift. All were carried out under a Rule 10b5-1 trading plan, indicating pre-arranged, systematic selling rather than discretionary market timing.

Following these transactions, Hogan directly holds 795 Ordinary Shares. The filing does not show any derivative exercises, so these activities reflect a net reduction in directly held shares. Because the trades are plan-based, their timing generally carries lower informational value about management’s near-term view of the stock.

Insider Hogan Michael James
Role Chief Strategy Officer
Sold 2,700 shs ($180K)
Type Security Shares Price Value
Sale Ordinary Shares 500 $70.90 $35K
Sale Ordinary Shares 2,200 $65.90 $145K
Gift Ordinary Shares 100 $0.00 --
Holdings After Transaction: Ordinary Shares — 795 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares sold July 8, 2026 2,200 Ordinary Shares at $65.9000 Open-market sale of non-derivative securities by Chief Strategy Officer
Shares sold July 9, 2026 500 Ordinary Shares at $70.9000 Open-market sale of non-derivative securities by Chief Strategy Officer
Bona fide gift 100 Ordinary Shares at $0.0000 Gift disposition of non-derivative securities on July 8, 2026
Net shares sold 2,700 Ordinary Shares Total open-market sales in the reported period; net-sell direction
Shares held after transactions 795 Ordinary Shares Direct holdings of Chief Strategy Officer after reported sales and gift
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
bona fide gift regulatory
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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FAQ

What insider transactions did GLOBALFOUNDRIES (GFS) disclose for Michael James Hogan?

Michael James Hogan, Chief Strategy Officer of GLOBALFOUNDRIES, reported selling 2,700 Ordinary Shares and making a 100-share bona fide gift. The open-market sales occurred on July 8–9, 2026, and all transactions were executed under a Rule 10b5-1 trading plan.

At what prices did Michael James Hogan sell GLOBALFOUNDRIES (GFS) shares?

Hogan sold GLOBALFOUNDRIES Ordinary Shares at $65.90 per share on July 8, 2026 and at $70.90 per share on July 9, 2026. These were reported as open-market sales in his Form 4.

How many GLOBALFOUNDRIES (GFS) shares does Michael James Hogan hold after the reported transactions?

After the reported transactions, Michael James Hogan holds 795 Ordinary Shares of GLOBALFOUNDRIES directly. This figure reflects the impact of the 2,700-share open-market sales and the 100-share gift disclosed in the Form 4.

Were Michael James Hogan’s GLOBALFOUNDRIES (GFS) share sales under a Rule 10b5-1 plan?

Yes. A footnote states that the sales and gift were effected pursuant to a Rule 10b5-1 trading plan adopted by Hogan. Such plans are pre-arranged and typically reduce the significance of trade timing as a signal of insider sentiment.

What type of gift transaction did GLOBALFOUNDRIES (GFS) report for Michael James Hogan?

The Form 4 reports a bona fide gift of 100 Ordinary Shares on July 8, 2026. The transaction used code G, indicating a gift transfer, and carried a transaction price of $0.00 per share, consistent with a non-sale disposition.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hogan Michael James

(Last)(First)(Middle)
400 STONE BREAK ROAD EXTENSION

(Street)
MALTA NEW YORK 12020

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GLOBALFOUNDRIES Inc. [ GFS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Strategy Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares07/08/2026S2,200(1)D$65.91,395D
Ordinary Shares07/08/2026G100(1)D$01,295D
Ordinary Shares07/09/2026S500(1)D$70.9795D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sales and gift reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Remarks:
/s/ Angela Corsilles, as Attorney-in-fact for Reporting Person07/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)