GLOBALFOUNDRIES director sells 4,000 shares
GLOBALFOUNDRIES Inc. director Glenda Dorchak reported an open-market sale of 4,000 Ordinary Shares on April 20, 2026 at an average price of $58.46 per share.
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Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. director Glenda Dorchak reported an open-market sale of 4,000 Ordinary Shares on April 20, 2026 at an average price of $58.46 per share. After this transaction, she directly holds 18,867 Ordinary Shares. The sale is permitted under a lock-up agreement that runs until May 10, 2026 and was carried out under a pre-established Rule 10b5-1 trading plan adopted before an offering by the issuer’s majority shareholder.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 4,000 | $58.46 | $234K |
Footnotes (1)
- F1. 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 of shares is a permissible exemption under the terms of the lock-up agreement. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person prior to the offering.
Key Figures
Key Terms
lock-up agreement financial
Rule 10b5-1 trading plan regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did GLOBALFOUNDRIES (GFS) director Glenda Dorchak report in this Form 4?
How does the lock-up agreement affect the GLOBALFOUNDRIES (GFS) director’s sale?
What type of transaction did the GLOBALFOUNDRIES (GFS) Form 4 disclose?
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