GLOBALFOUNDRIES (GFS) chief customer officer sells 8,692 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. Chief Customer Officer Samuel Vicari reported an open-market sale of company stock. On May 11, 2026, he sold 8,692 Ordinary Shares at a weighted average price of $75.62 per share in multiple transactions between $75.60 and $75.66.
Following this sale, the filing shows he held 0 Ordinary Shares directly. The sale was executed as an aggregate open-market transaction, with detailed trade-by-trade pricing data available upon request from the company, its security holders, or the SEC staff.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,692 shares ($657,289)
Net Sell
1 txn
Insider
Vicari Samuel
Role
Chief Customer Officer
Sold
8,692 shs ($657K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 8,692 | $75.62 | $657K |
Holdings After Transaction:
Ordinary Shares — 0 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 8,692 shares
Weighted average sale price: $75.62 per share
Sale price range: $75.60–$75.66 per share
+2 more
5 metrics
Shares sold
8,692 shares
Ordinary Shares sold on May 11, 2026
Weighted average sale price
$75.62 per share
Aggregate open-market sale
Sale price range
$75.60–$75.66 per share
Individual trade prices within the aggregate sale
Shares after transaction
0 shares
Direct Ordinary Share holdings following the sale
Net shares sold
8,692 shares
Net-sell direction in transaction summary
Key Terms
open-market sale, weighted average price, Ordinary Shares, Form 4
4 terms
open-market sale financial
"The number of securities reported in this row represents an aggregate number of shares sold on the open market."
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.
weighted average price financial
"The price reported represents the weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did GLOBALFOUNDRIES (GFS) report for Samuel Vicari?
GLOBALFOUNDRIES reported that Chief Customer Officer Samuel Vicari sold 8,692 Ordinary Shares. The transaction was an open-market sale executed on May 11, 2026, as a single aggregated sale across multiple trades within a narrow price range.
What type of transaction was disclosed in GLOBALFOUNDRIES (GFS) Chief Customer Officer’s Form 4?
The Form 4 describes the activity as an open-market sale of non-derivative Ordinary Shares. This means Samuel Vicari sold existing shares directly into the market, rather than exercising options or converting derivative securities into stock before selling.