GLOBALFOUNDRIES Inc. (NASDAQ: GFS) director sells 4,000 shares under 10b5-1
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. director Glenda Dorchak reported a sale of 4,000 Ordinary Shares of GFS on July 20, 2026, at $58.2200 per share in an open market or private transaction. After this trade, she directly held 14,867.0000 shares. The sale was executed under a Rule 10b5-1 trading plan adopted by the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,000 shares
Net Sell
1 txn
Insider
Dorchak Glenda
Role
Director
Sold
4,000 shs ($233K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1 | 4,000 | $58.22 | $233K |
Holdings After Transaction:
Ordinary Shares — 14,867 shares (Direct)
Footnotes (1)
- F1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Key Figures
Shares sold: 4000.0000 shares
Sale price per share: $58.2200
Shares held after transaction: 14867.0000 shares
+1 more
4 metrics
Shares sold
4000.0000 shares
Ordinary Shares sold on July 20, 2026
Sale price per share
$58.2200
Price per Ordinary Share in the reported sale
Shares held after transaction
14867.0000 shares
Direct holdings reported following the sale
Net shares sold
4000 shares
Net share change across all reported transactions in this Form 4
Key Terms
Rule 10b5-1 trading plan, Ordinary Shares, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sale was 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.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did GLOBALFOUNDRIES (GFS) director Glenda Dorchak report in this Form 4?
Glenda Dorchak, a director of GLOBALFOUNDRIES Inc., reported selling 4,000 Ordinary Shares of GFS on July 20, 2026, at $58.2200 per share. The sale was described as an open market or private transaction executed under a pre-established Rule 10b5-1 trading plan.
When did the reported GFS insider transaction by Glenda Dorchak occur?
The reported sale of GLOBALFOUNDRIES (GFS) shares by director Glenda Dorchak occurred on July 20, 2026. On that date she sold 4,000 Ordinary Shares at $58.2200 per share in an open market or private transaction under a Rule 10b5-1 trading plan.
Was the GFS insider sale by Glenda Dorchak made under a Rule 10b5-1 trading plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. The Form 4 also affirms the Rule 10b5-1 checkbox, indicating the transaction occurred under a pre-arranged trading plan framework.