Was Michael James Hogan’s GLOBALFOUNDRIES (GFS) share sale part of a Rule 10b5-1 trading plan?

Yes. The Form 4 states that both the sale of 1,800 shares and the gift of 150 shares were effected under a Rule 10b5-1 trading plan. The plan was adopted by Hogan prior to the offering by GLOBALFOUNDRIES’ majority shareholder.

GLOBALFOUNDRIES (GFS) CBO sells shares, gifts stock under 10b5-1 plan

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

GLOBALFOUNDRIES Inc. Chief Business Officer Michael James Hogan reported two transactions in Ordinary Shares. On April 1, 2026, he completed an open-market sale of 1,800 shares at $45.04 per share and made a separate bona fide gift of 150 shares.

After these dispositions, Hogan directly holds 20,795 Ordinary Shares. A footnote states he is subject to a lock-up agreement expiring on May 10, 2026 and that both the sale and gift are permissible exemptions. The transactions were carried out under a Rule 10b5-1 trading plan adopted before an offering by the company’s majority shareholder.

Insider Trade Summary 10b5-1

Net Seller: 1,800 shares ($81,072)

Net Sell 2 txns

Insider Hogan Michael James

Role Chief Business Officer

Sold 1,800 shs ($81K)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	1,800	$45.04	$81K
Gift	Ordinary Shares	150	$0.00	--

Holdings After Transaction: Ordinary Shares — 20,945 shares (Direct)

Footnotes (1)

[object Object]

Key Figures

Shares sold: 1,800 shares Sale price: $45.04 per share Shares gifted: 150 shares +2 more

5 metrics

Shares sold 1,800 shares Open-market sale of Ordinary Shares on April 1, 2026

Sale price $45.04 per share Price for 1,800 Ordinary Shares sold April 1, 2026

Shares gifted 150 shares Bona fide gift of Ordinary Shares on April 1, 2026

Shares held after 20,795 shares Direct Ordinary Share holdings following transactions

Lock-up expiry May 10, 2026 End date of lock-up agreement applicable to Hogan

Key Terms

Rule 10b5-1 trading plan, lock-up agreement, bona fide gift, majority shareholder, +1 more

5 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.

lock-up agreement regulatory

"The reporting person is subject to a lock-up agreement that expires on May 10, 2026"

A lock-up agreement is a contract that prevents company insiders and early investors from selling their shares for a fixed period after a stock sale, often after an initial public offering. It matters to investors because it temporarily limits the number of shares that can hit the market, which can keep the share price steadier; when the lock-up ends, a sudden increase in available shares can create extra volatility, revealing insiders’ confidence or lack thereof.

bona fide gift financial

"transaction_code_description": "Bona fide gift""

majority shareholder financial

"in connection with an offering of securities by the issuer's majority shareholder"

A majority shareholder owns more than half of a company's voting shares, giving them effective control over major decisions such as choosing the board of directors, approving mergers, or setting strategy. For investors, this matters because the majority holder can steer the company much like the person who holds the largest piece of a pie decides how it’s shared—this can stabilize leadership and direction but also create risks if the majority’s interests differ from those of smaller shareholders.

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 Insider Transactions: What Each Field Means →

04/03/2026 - 02:22 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hogan Michael James

(Last)

(First)

(Middle)

400 STONE BREAK ROAD EXTENSION

(Street)

MALTA

NEW YORK

12020

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GLOBALFOUNDRIES Inc. [ GFS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Business Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	04/01/2026		S⁽¹⁾		1,800	D	$45.04	20,945	D
Ordinary Shares	04/01/2026		G⁽¹⁾		150	D	$0	20,795	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reporting person is subject to a lock-up agreement that expires on May 10, 2026 that was entered into with the underwriters in connection with an offering of securities by the issuer's majority shareholder. The sale and gift of shares are a permissible exemption under the terms of the lock-up agreement. The sale and gift reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person prior to the offering.

Remarks:

	/s/ Jeff Worth, as Attorney-in-fact for Reporting Person	04/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did GLOBALFOUNDRIES (GFS) report for Michael James Hogan?

GLOBALFOUNDRIES reported that Chief Business Officer Michael James Hogan sold 1,800 Ordinary Shares and made a bona fide gift of 150 shares. Both transactions occurred on April 1, 2026 and were executed under a previously adopted Rule 10b5-1 trading plan.

At what price did Michael James Hogan sell GLOBALFOUNDRIES (GFS) shares?

Michael James Hogan sold 1,800 GLOBALFOUNDRIES Ordinary Shares at $45.04 per share. This was an open-market sale described in the Form 4 filing and was executed pursuant to a pre-established Rule 10b5-1 trading plan adopted before a shareholder-related offering.

How many GLOBALFOUNDRIES (GFS) shares does Michael James Hogan hold after the Form 4 transactions?

After the reported sale and gift, Michael James Hogan directly holds 20,795 GLOBALFOUNDRIES Ordinary Shares. This post-transaction holding reflects the net effect of selling 1,800 shares and gifting 150 shares on April 1, 2026, as disclosed in the Form 4.

What is the lock-up agreement mentioned in Michael James Hogan’s GLOBALFOUNDRIES (GFS) filing?

The filing notes Hogan is subject to a lock-up agreement expiring on May 10, 2026, tied to an offering by the issuer’s majority shareholder. The reported sale and gift of shares are expressly described as permissible exemptions under that lock-up’s terms.

What does the bona fide gift of GLOBALFOUNDRIES (GFS) shares by Michael James Hogan mean?

The Form 4 describes a bona fide gift of 150 Ordinary Shares by Michael James Hogan. A bona fide gift is a transfer made without payment, indicating no sale proceeds were received for those shares, separate from his open-market sale transaction.