Summary by Moomoo AI
GlobalFoundries Inc. officer David Reeder is set to sell 9,500 shares of common stock on 01/31/2024, with an aggregate market value of $530,575. The shares were originally acquired on the same date through an option granted on 08/10/2020, and the transaction will be settled in cash. This planned sale follows a series of transactions over the past three months, where a total of 239,654 shares were sold for gross proceeds of $13,901,510.90. The notice of the upcoming sale was filed on 02/01/2024, with the sale plan having been adopted on 06/09/2023.