GLOBALFOUNDRIES (GFS) CSO sale and share gift under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. Chief Strategy Officer Michael James Hogan reported a mix of share dispositions. He sold 2,800 Ordinary Shares at $82.88 per share in an open-market transaction and made a bona fide gift of 150 Ordinary Shares. Both transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person, indicating they were scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,800 shares ($232,064)
Net Sell
2 txns
Insider
Hogan Michael James
Role
Chief Strategy Officer
Sold
2,800 shs ($232K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,800 | $82.88 | $232K |
| Gift | Ordinary Shares | 150 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 9,645 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Open-market sale shares: 2,800 shares
Sale price per share: $82.88 per share
Gifted shares: 150 shares
+3 more
6 metrics
Open-market sale shares
2,800 shares
Ordinary Shares sold on May 27, 2026
Sale price per share
$82.88 per share
Price for 2,800 Ordinary Shares sold
Gifted shares
150 shares
Bona fide gift of Ordinary Shares
Gift transactions count
1 transaction
Bona fide gift coded G on Form 4
Sale transactions count
1 transaction
Open-market or private sale coded S
Net buy/sell direction
net-sell of 2,800 shares
transactionSummary netBuySellDirection
Key Terms
Rule 10b5-1 trading plan, bona fide gift, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The sale and gift reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"sale and gift reported in this Form 4 were effected"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did GLOBALFOUNDRIES (GFS) CSO report on this Form 4?
GLOBALFOUNDRIES Chief Strategy Officer Michael James Hogan reported two transactions: an open-market sale of 2,800 Ordinary Shares and a bona fide gift of 150 Ordinary Shares, both dated May 27, 2026 and disclosed as non-derivative share dispositions.
Were the GLOBALFOUNDRIES (GFS) CSO transactions under a Rule 10b5-1 plan?
Both the sale and the gift were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. Such pre-arranged plans schedule trades in advance, reducing the significance of timing as an indicator of the insider’s current market view.
Were any derivative securities involved in this GLOBALFOUNDRIES (GFS) Form 4?
No. All reported transactions involved non-derivative Ordinary Shares of GLOBALFOUNDRIES Inc. The derivativeSummary section shows no derivative transactions or remaining derivative positions, indicating only common equity movements were disclosed in this filing.