Summary by Moomoo AI
GlobalFoundries Inc. officer David Reeder is set to sell 9,500 shares of common stock on 01/30/2024, as per the latest filing. The shares, valued at an aggregate market price of $538,840, were originally acquired on the same date through an option granted on 08/10/2020. The transaction will be executed for cash. This planned sale follows a series of transactions over the past three months, where a total of 230,154 shares were sold for gross proceeds of $13,362,670.90. The notice for the upcoming sale was filed on 02/01/2024, with the sale plan having been adopted on 06/09/2023.