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GLOBALFOUNDRIES Chief Legal Officer Executes Routine 10b5-1 Share Sale
GLOBALFOUNDRIES Inc.
$GFS4CIK: 0001709048
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Filing Summary
# Insider Transaction: GLOBALFOUNDRIES Inc. (GFS)
**Reporting Owner:** Azar Samak L (Chief Legal Officer)
**Filing Date:** 2026-09-25 | **Transaction Date:** 2026-09-24
- **Transaction Type:** Open Market Sale (10b5-1 Plan)
- **Shares Transacted:** 335 @ $45.72
- **Total Value:** $15,316.20
- **Shares Owned After:** 9,129 (Direct)
- **Significance:** Low (Small volume under pre-arranged Rule 10b5-1 plan)
Comprehensive Analysis
Transaction Summary
On September 24, 2026, Samak L. Azar, Chief Legal Officer of GLOBALFOUNDRIES Inc. (NASDAQ: GFS), sold 335 Ordinary Shares at a price of $45.72 per share, totaling approximately $15,316.20. Following this transaction, the reporting person directly owns 9,129 Ordinary Shares.
Filing Details & Market Context
- Plan Details: The sale was executed under a pre-established Rule 10b5-1 trading plan adopted by the reporting person, indicating the transaction was scheduled in advance.
- Significance Assessment: The transaction is rated Low significance due to the modest dollar amount ($15,316.20), representing a small portion (~3.5%) of the insider's holdings, and its execution under an automatic trading plan.
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