GLOBALFOUNDRIES Inc. (NASDAQ: GFS) insider buys shares via dividends
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. executive Michael James Hogan, the Chief Strategy Officer, purchased 12.496 Ordinary Shares on July 15, 2026 at $61.412 per share. The shares were acquired through the automatic reinvestment of dividends under a broker-sponsored dividend reinvestment plan, increasing his direct holdings to 807.496 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12.496 shares
Net Buy
1 txn
Insider
Hogan Michael James
Role
Chief Strategy Officer
Bought
12.496 shs ($767.40)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares F1 | 12.496 | $61.412 | $767.40 |
Holdings After Transaction:
Ordinary Shares — 807.496 shares (Direct)
Footnotes (1)
- F1. This transaction was the result of the automatic reinvestment of dividends received on shares of issuer common stock pursuant to a broker-sponsored dividend reinvestment plan.
Key Figures
Shares Purchased: 12.496 shares
Purchase Price: $61.412 per share
Post-transaction Holdings: 807.496 shares
+1 more
4 metrics
Shares Purchased
12.496 shares
Ordinary Shares acquired on July 15, 2026
Purchase Price
$61.412 per share
Price paid for Ordinary Shares on July 15, 2026
Post-transaction Holdings
807.496 shares
Direct Ordinary Share holdings after the transaction
Transaction Date
July 15, 2026
Date of dividend reinvestment share purchase
Key Terms
dividend reinvestment plan, Ordinary Shares, broker-sponsored
3 terms
dividend reinvestment plan financial
"automatic reinvestment of dividends received on shares ... pursuant to a broker-sponsored dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
broker-sponsored financial
"pursuant to a broker-sponsored dividend reinvestment plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did GLOBALFOUNDRIES (GFS) report in this filing?
The filing shows Chief Strategy Officer Michael James Hogan acquired 12.496 Ordinary Shares of GLOBALFOUNDRIES on July 15, 2026 at $61.412 per share. The acquisition came from automatic dividend reinvestment rather than a discretionary open-market purchase.
Who is Michael James Hogan in relation to GLOBALFOUNDRIES (GFS)?
Michael James Hogan is GLOBALFOUNDRIES’ Chief Strategy Officer. Following the July 15, 2026 dividend reinvestment transaction, he directly holds 807.496 Ordinary Shares of the company, as reported in the insider ownership table accompanying the transaction details.
Was the GLOBALFOUNDRIES (GFS) insider trade part of a dividend reinvestment plan?
Yes. A footnote states the transaction resulted from automatic reinvestment of dividends on existing GLOBALFOUNDRIES shares under a broker-sponsored dividend reinvestment plan, meaning the additional shares were bought using dividends rather than new cash.
Is the GLOBALFOUNDRIES (GFS) insider transaction classified as a purchase or a sale?
The transaction is classified as a purchase. The filing uses transaction code “P” and an acquired/disposed flag indicating a buy, with 12.496 Ordinary Shares added through the dividend reinvestment mechanism and no shares reported as sold in this report.