STOCK TITAN

GLOBALFOUNDRIES (GFS) executive gifts 150 shares and sells 2,300 under plan

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

Rhea-AI Filing Summary

GLOBALFOUNDRIES Inc. Chief Business Officer Michael James Hogan reported two insider transactions. On April 29, 2026, he made a bona fide gift of 150 Ordinary Shares and separately sold 2,300 Ordinary Shares at $60.69 per share in an open-market transaction. Both transactions were executed under a pre-arranged Rule 10b5-1 trading plan and are permitted exceptions to a lock-up agreement that runs until May 10, 2026. Hogan continues to hold more than 15,000 Ordinary Shares after these transactions.

Positive

  • None.

Negative

  • None.
Insider Hogan Michael James
Role Chief Business Officer
Sold 2,300 shs ($140K)
Type Security Shares Price Value
Sale Ordinary Shares 2,300 $60.69 $140K
Gift Ordinary Shares 150 $0.00 --
Holdings After Transaction: Ordinary Shares — 16,045 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Open-market sale 2,300 shares at $60.69 Ordinary Shares sold on April 29, 2026
Bona fide gift 150 shares Ordinary Shares gifted on April 29, 2026
Shares after gift 15,895 shares Direct Ordinary Share holdings following gift transaction
Shares after sale 16,045 shares Direct Ordinary Share holdings following sale transaction
Net shares sold 2,300 shares Net buy/sell shares from transaction summary
Gifted shares total 150 shares GiftShares in transaction summary
Rule 10b5-1 trading plan financial
"The sale and gift reported in this Form 4 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.
lock-up agreement financial
"The reporting person is subject to a lock-up agreement that expires on May 10, 2026"
A lock-up agreement is a contract that prevents company insiders and early investors from selling their shares for a fixed period after a stock sale, often after an initial public offering. It matters to investors because it temporarily limits the number of shares that can hit the market, which can keep the share price steadier; when the lock-up ends, a sudden increase in available shares can create extra volatility, revealing insiders’ confidence or lack thereof.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
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.
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 Business Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026
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 Shares04/29/2026S2,300(1)D$60.6916,045D
Ordinary Shares04/29/2026G150(1)D$015,895D
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 reporting person is subject to a lock-up agreement that expires on May 10, 2026 that was entered into with the underwriters in connection with an offering of securities by the issuer's majority shareholder. The sale and gift of shares are a permissible exemption under the terms of the lock-up agreement. The sale and gift reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person prior to the offering.
Remarks:
/s/ Jeff Worth, as Attorney-in-fact for Reporting Person05/01/2026
** 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)

FAQ

What insider transactions did GLOBALFOUNDRIES (GFS) officer Michael James Hogan report?

Michael James Hogan reported two transactions involving GLOBALFOUNDRIES Ordinary Shares. He made a bona fide gift of 150 shares and separately sold 2,300 shares at $60.69 per share. Both transactions occurred on April 29, 2026 under a pre-arranged Rule 10b5-1 trading plan.

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

Hogan sold 2,300 GLOBALFOUNDRIES Ordinary Shares at $60.69 per share. This was an open-market sale described as a "Sale in open market or private transaction" and was executed pursuant to a previously adopted Rule 10b5-1 trading plan.

How many GLOBALFOUNDRIES (GFS) shares did Michael James Hogan gift?

He made a bona fide gift of 150 Ordinary Shares of GLOBALFOUNDRIES. The transaction carried a reported price of $0.00 per share, consistent with a non-cash gift transfer, and occurred on April 29, 2026 as part of his disclosed insider activity.

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

After the reported transactions, Hogan’s direct ownership entries in the filing show share balances above 15,000 Ordinary Shares. Individual transaction lines report 15,895 shares following the gift and 16,045 shares following the sale, indicating he maintains a substantial ongoing equity position.

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

Yes. The footnote states that both the sale and the gift were effected pursuant to a Rule 10b5-1 trading plan that Hogan adopted prior to a related securities offering, indicating the transactions were pre-planned rather than timed discretionarily.

Is Michael James Hogan subject to a lock-up on GLOBALFOUNDRIES (GFS) shares?

Yes. The filing notes Hogan is subject to a lock-up agreement that expires on May 10, 2026, entered into with underwriters in connection with an offering by the issuer’s majority shareholder. The reported sale and gift are permitted exemptions under that lock-up.