GlobalFoundries CBO Sells $81,072 in Shares as Company Weighs Legal and Shareholder Moves
GlobalFoundries Chief Business Officer Michael James Hogan sold 1,800 ordinary shares on April 1, 2026, for $81,072 and gave 150 shares as a gift the same day. The transactions were completed under a pre-existing Rule 10b5-1 trading plan and are permitted by a lock-up agreement tied to an offering by the issuer's majority shareholder. Separately, G…