GLOBALFOUNDRIES CSO sells 2,800 shares at $75.17
GLOBALFOUNDRIES Inc. Chief Strategy Officer Michael James Hogan reported two transactions in Ordinary Shares.
Sentiment and the balance of points
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Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. Chief Strategy Officer Michael James Hogan reported two transactions in Ordinary Shares. He completed an open-market sale of 2,800 shares at $75.17 per share and made a bona fide gift of 150 shares. Both the sale and the gift were carried out under a pre-arranged Rule 10b5-1 trading plan, indicating these moves were scheduled in advance rather than timed discretionarily.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,800 | $75.17 | $210K |
| Gift | Ordinary Shares | 150 | $0.00 | $0.00 |
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
Key Terms
Rule 10b5-1 trading plan regulatory
bona fide gift financial
open-market sale financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GLOBALFOUNDRIES (GFS) report for Michael James Hogan?
Did the GLOBALFOUNDRIES (GFS) insider transaction include any stock gifts?
What is the significance of the Rule 10b5-1 trading plan in this GFS Form 4?
What roles and ownership type are disclosed for the GLOBALFOUNDRIES (GFS) insider?
AI-generated analysis. How Rhea-AI works. Not financial advice.