GLOBALFOUNDRIES Chief Legal Officer Executes Minor Routine Sale Under 10b5-1 Plan
GLOBALFOUNDRIES Inc.
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Filing Summary
Insider Sale Alert: GLOBALFOUNDRIES Inc. ($GFS) Insider: Samak L Azar (Chief Legal Officer) Transaction: Sold 335 Ordinary Shares at $47.92 per share Total Value: $16,053.20 Shares Held Post-Transaction: 8,794 Note: Conducted pursuant to a pre-arranged Rule 10b5-1 trading plan.
Comprehensive Analysis
Insider Transaction Overview
On October 1, 2026, Samak L Azar, Chief Legal Officer of GLOBALFOUNDRIES Inc. ($GFS), sold 335 Ordinary Shares at a price of $47.92 per share, generating gross proceeds of $16,053.20.
Key Details
- Role: Chief Legal Officer
- Shares Sold: 335
- Execution Price: $47.92
- Post-Transaction Beneficial Ownership: 8,794 ordinary shares held directly
- Trading Plan: The transaction was executed under an established Rule 10b5-1 trading plan.
Significance
The trading significance of this transaction is Low. The sale represents a negligible portion of the insider's holdings (~3.7%) and an immaterial dollar amount ($16,053.20), executed systematically under a pre-scheduled Rule 10b5-1 trading plan.
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Important Disclaimer
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