GLOBALFOUNDRIES CBO sells 1,800 shares under 10b5-1
GLOBALFOUNDRIES Inc. Chief Business Officer Michael James Hogan reported an open-market sale and a gift of ordinary shares.
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Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. Chief Business Officer Michael James Hogan reported an open-market sale and a gift of ordinary shares. On March 18, 2026, he sold 1,800 ordinary shares at an average price of $43.25 per share in an open-market transaction and made a bona fide gift of 150 ordinary shares. After these dispositions, he directly holds 22,745 ordinary shares. Both the sale and the gift are permitted exceptions under a lock-up agreement that runs through May 10, 2026, and were carried out under a pre-arranged Rule 10b5-1 trading plan adopted before the related offering.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,800 | $43.25 | $78K |
| Gift | Ordinary Shares | 150 | $0.00 | $0.00 |
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 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GLOBALFOUNDRIES (GFS) report for Michael James Hogan?
Were Michael James Hogan’s GLOBALFOUNDRIES (GFS) transactions under a Rule 10b5-1 plan?
What types of transactions were reported in the GLOBALFOUNDRIES (GFS) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.