GLOBALFOUNDRIES CSO sells 2,700 shares under plan
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.
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 Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1 | 500 | $70.90 | $35K |
| Sale | Ordinary Shares F1 | 2,200 | $65.90 | $145K |
| Gift | Ordinary Shares F1 | 100 | $0.00 | $0.00 |
Footnotes (1)
- F1. The sales and gift reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
bona fide gift regulatory
open-market sale financial
FAQ
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