GLOBALFOUNDRIES Chief Legal Officer Executes Minor Rule 10b5-1 Sale
GLOBALFOUNDRIES Inc.
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Filing Summary
📊 Insider Sale Alert: GLOBALFOUNDRIES Inc. ($GFS) Insider: Azar Samak L (Chief Legal Officer) Transaction: Disposed 335 Ordinary Shares at $44.83 per share ($15,018.05 total value) Post-Transaction Holdings: 9,799 Ordinary Shares Plan: Rule 10b5-1 Trading Plan Significance: Low
Comprehensive Analysis
Executive Summary
On September 11, 2026, GLOBALFOUNDRIES Inc. ($GFS) filed a Form 4 disclosing that Samak L. Azar, the company's Chief Legal Officer, sold 335 Ordinary Shares on September 10, 2026.
Transaction Breakdown
- Security: Ordinary Shares
- Transaction Type: Open market sale (Transaction Code:
S) - Volume: 335 shares
- Execution Price: $44.83 per share
- Total Transaction Value: $15,018.05
- Pre-Transaction Holdings: 10,134 shares
- Post-Transaction Holdings: 9,799 shares (Direct ownership)
- Reduction in Holdings: ~3.31%
Context & Trading Plan
The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person. Given the small dollar amount ($15,018.05) and the use of a pre-established trading plan, this transaction carries low informational significance for investors.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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