GLOBALFOUNDRIES (NASDAQ: GFS) HR chief fully cashes out direct stake in planned share sale
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. (GFS) reported that Chief People Officer Pradheepa Raman sold 6,760 Ordinary Shares on 2026-08-18 at $51.12 per share in an open-market or private transaction. The sale was effected pursuant to a Rule 10b5-1 trading plan, and direct holdings after the transaction were 0 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,760 shares
Net Sell
1 txn
Insider
Raman Pradheepa
Role
Chief People Officer
Sold
6,760 shs ($346K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1 | 6,760 | $51.12 | $346K |
Holdings After Transaction:
Ordinary Shares — 0 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: 6,760 shares
Sale price per share: $51.12 per share
Approximate transaction value: $345,571.20
+3 more
6 metrics
Shares sold
6,760 shares
Ordinary Shares sold by Pradheepa Raman on 2026-08-18
Sale price per share
$51.12 per share
Price for the 6,760 Ordinary Shares sold
Approximate transaction value
$345,571.20
Implied total value of 6,760 shares sold at $51.12
Shares held after transaction
0 shares
Direct Ordinary Share holdings of Pradheepa Raman following the sale
Net shares sold
6,760 shares
Net-sell direction in transaction summary for this Form 4
Sell transactions count
1
Number of sell transactions reported in the filing
Key Terms
Rule 10b5-1 trading plan, Ordinary Shares, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 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 market
"transaction_code_description: "Sale in open market or private transaction""
FAQ
What insider transaction did GFS report for Pradheepa Raman?
GLOBALFOUNDRIES Inc. reported that Chief People Officer Pradheepa Raman sold 6,760 Ordinary Shares of GFS. The transaction occurred on 2026-08-18 as a sale in an open-market or private transaction pursuant to a pre-established Rule 10b5-1 trading plan.
Was the GFS insider sale by Pradheepa Raman under a Rule 10b5-1 plan?
Yes, the sale was carried out under a Rule 10b5-1 trading plan. A footnote states that the transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person, and the filing’s 10b5-1 checkbox is also marked as affirmed.
How many insider sell transactions did GLOBALFOUNDRIES (GFS) report in this Form 4?
The Form 4 reports one insider sell transaction for GLOBALFOUNDRIES. Transaction summary data show a sellCount of 1 and sellShares of 6,760, with no reported purchases, exercises, gifts, or derivative transactions included in this particular filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.