GLOBALFOUNDRIES (NASDAQ: GFS) CSO sells 707 shares, gifts 100
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. Chief Strategy Officer Michael James Hogan reported two transactions in Ordinary Shares dated July 22, 2026. He sold 707 shares at $57.81 per share and made a bona fide gift of 100 shares, with both transactions effected under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 807 shares
Net Sell
2 txns
Insider
Hogan Michael James
Role
Chief Strategy Officer
Sold
707 shs ($41K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1 | 707 | $57.81 | $41K |
| Gift | Ordinary Shares F1 | 100 | $0.00 | $0.00 |
Holdings After Transaction:
Ordinary Shares — 0.496 shares (Direct)
Footnotes (1)
- F1. The sale and gift reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Key Figures
Shares sold: 707 shares
Sale price per share: $57.81
Shares gifted: 100 shares
3 metrics
Shares sold
707 shares
Ordinary Shares sold on July 22, 2026
Sale price per share
$57.81
Price per Ordinary Share for the 707-share sale
Shares gifted
100 shares
Ordinary Shares transferred as a bona fide gift on July 22, 2026
Key Terms
Rule 10b5-1 trading plan, bona fide gift, Ordinary Shares
3 terms
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan adopted"
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 financial
"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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Did the recent GLOBALFOUNDRIES (GFS) insider transactions occur under a Rule 10b5-1 plan?
Yes. Both the sale and the gift reported by Michael James Hogan were effected pursuant to a Rule 10b5-1 trading plan adopted by him. This plan-based structure can indicate pre-scheduled trading activity rather than discretionary timing decisions.
What is Michael James Hogan’s position at GLOBALFOUNDRIES (GFS) in this insider report?
Michael James Hogan is identified as GLOBALFOUNDRIES’ Chief Strategy Officer in the report. In that capacity he filed a Form 4 detailing a sale of 707 Ordinary Shares and a gift of 100 Ordinary Shares on July 22, 2026.