GLOBALFOUNDRIES Chief Legal Officer Sells 335 Shares Under 10b5-1 Plan
GLOBALFOUNDRIES Inc.
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Filing Summary
GLOBALFOUNDRIES Inc. ($GFS) Form 4 Insider Filing
Insider: Azar Samak L (Chief Legal Officer) Transaction: Open Market Sale (Code: S) Date: 2026-10-15 Shares Sold: 335 @ $46.80 Total Value: $15,678.00 Remaining Holdings: 8,124 shares Plan: Rule 10b5-1 pre-scheduled trading plan Significance: Low
Comprehensive Analysis
Insider Transaction Overview
On October 15, 2026, Azar Samak L, Chief Legal Officer of GLOBALFOUNDRIES Inc. ($GFS), executed an open-market sale of 335 Ordinary Shares at a price of $46.80 per share, totaling approximately $15,678.00.
Key Details
- Role: Chief Legal Officer
- Transaction Type: Open Market Sale (Code: S)
- Shares Disposed: 335
- Price per Share: $46.80
- Post-Transaction Beneficial Ownership: 8,124 shares (Direct)
- Trading Plan: Executed pursuant to a pre-arranged Rule 10b5-1 trading plan.
Market Impact & Significance
This transaction carries Low significance. The volume sold represents a minor portion of the insider's total direct holdings (approx. 4.0% reduction) and was executed under a Rule 10b5-1 trading plan, indicating routine portfolio management rather than a discretionary market-timing move.
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Important Disclaimer
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