GLOBALFOUNDRIES Chief Legal Officer Sells $15.7K in Stock
GLOBALFOUNDRIES Inc.
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Filing Summary
GLOBALFOUNDRIES (GFS) Insider Transaction Insider: Azar Samak L (Chief Legal Officer) Transaction: Sale (Code: S) Shares: 335 of Ordinary Shares Price: $46.75 Total Value: $15,661.25 Date: 2026-08-27 Remaining Shares: 10,469 Transaction was made pursuant to a Rule 10b5-1 plan.
Comprehensive Analysis
On August 27, 2026, Azar Samak L, the Chief Legal Officer of GLOBALFOUNDRIES Inc. (ticker: GFS), executed a sale of 335 Ordinary Shares at a price of $46.75 per share, resulting in a total transaction value of $15,661.25. After this disposition, the insider's direct holdings in the company amount to 10,469 shares. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, which allows insiders to set up a predetermined schedule for selling stocks to avoid accusations of trading on inside information. This type of planned sale is often used for personal financial management and is generally considered to have low significance as an indicator of the insider's perspective on the company's future performance.
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