Summary by Moomoo AI
GlobalFoundries Inc. officer David Reeder is set to sell 9,500 shares of common stock on 02/15/2024, as per the latest filing. The shares, valued at an aggregate market price of $526,680, were originally acquired on the same date through an option granted on 08/10/2020. The transaction will be executed with cash payment. This planned sale follows a series of transactions over the past three months, where a total of 296,260 shares were sold for gross proceeds of $16,969,792.83.