Summary by Moomoo AI
GlobalFoundries Inc. officer David Reeder is set to sell 9,500 shares of common stock on 01/29/2024, with an aggregate market value of $537,700. The shares were originally acquired on the same date through an option granted on 08/10/2020, purchased from the issuer with cash. This transaction follows a series of sales over the past three months, where a total of 220,654 shares were sold for gross proceeds of $12,824,970.90. The notice for the upcoming sale was filed on 02/01/2024, with the plan for the sale having been adopted on 06/09/2023.