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GLOBALFOUNDRIES (GFS) CBO sells 1,800 shares, gifts 150 under 10b5-1 plan

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

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.

Positive

  • None.

Negative

  • None.
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)
03/18/2026
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 Shares03/18/2026S(1)1,800D$43.2522,895D
Ordinary Shares03/18/2026G(1)150D$022,745D
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 Person03/20/2026
** 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) report for Michael James Hogan?

GLOBALFOUNDRIES reported that Chief Business Officer Michael James Hogan sold 1,800 ordinary shares and gifted 150 ordinary shares on March 18, 2026. These transactions were disclosed on Form 4 as open-market sale and bona fide gift dispositions of the company’s ordinary shares.

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

Michael James Hogan sold 1,800 GLOBALFOUNDRIES ordinary shares at an average price of $43.25 per share. This open-market transaction is detailed in the Form 4 filing and reflects a straightforward sale of non-derivative ordinary shares on March 18, 2026.

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

Following the reported sale and gift, Michael James Hogan directly holds 22,745 GLOBALFOUNDRIES ordinary shares. The Form 4 specifies this post-transaction ownership figure after accounting for 1,800 shares sold and 150 shares transferred as a bona fide gift.

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

Yes. The footnote explains that both the sale and the gift were executed pursuant to a Rule 10b5-1 trading plan. That plan was adopted before the related offering, indicating the transactions were pre-arranged rather than opportunistic trades based on short-term market movements.

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

He is subject to a lock-up agreement that expires on May 10, 2026, tied to an offering by the issuer’s majority shareholder. The Form 4 notes that the reported sale and gift are permissible exemptions under this lock-up’s terms.

What types of transactions were reported in the GLOBALFOUNDRIES (GFS) Form 4?

The Form 4 shows two non-derivative transactions in GLOBALFOUNDRIES ordinary shares: an open-market sale coded “S” for 1,800 shares, and a bona fide gift coded “G” for 150 shares. No derivative security exercises or conversions were reported.
Globalfoundries Inc.

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