Summary by Futu AI
GlobalFoundries Inc. officer David Reeder is set to sell 9,500 shares of common stock on 02/02/2024, as per the latest filing. The shares, valued at an aggregate market price of $517,385, were originally acquired on the same date through an option granted on 08/10/2020. The transaction will be executed with cash payment. This sale follows a series of transactions over the past three months, where a total of 258,654 shares were sold for gross proceeds of $14,955,535.90.