GLOBALFOUNDRIES CSO sells 2,800 shares in planned trade
GLOBALFOUNDRIES Inc. Chief Strategy Officer Michael James Hogan reported an open-market sale and a small gift of ordinary shares.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. Chief Strategy Officer Michael James Hogan reported an open-market sale and a small gift of ordinary shares. He sold 2,800 ordinary shares at $74.64 per share in an open-market transaction, leaving 12,595 shares reported as directly owned after that sale. He also made a bona fide gift of 150 shares at no consideration, with 12,445 shares shown as directly owned after the gift. Both transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted by Hogan, indicating they were scheduled in advance rather than timed discretionarily.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,800 | $74.64 | $209K |
| 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
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What insider transactions did GLOBALFOUNDRIES (GFS) report for Michael James Hogan?
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