GLOBALFOUNDRIES (NASDAQ: GFS) legal chief sells 335 shares under 10b5-1 plan
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. (GFS) reported that Chief Legal Officer Azar Samak L sold 335 Ordinary Shares on August 20, 2026 at $48.38 per share in a sale classified as an open market or private transaction. After this transaction, the reporting person directly held 10,804 Ordinary Shares. The sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person.
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Insider Trade Summary 10b5-1
Net Seller: 335 shares
Net Sell
1 txn
Insider
Azar Samak L
Role
Chief Legal Officer
Sold
335 shs ($16K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1 | 335 | $48.38 | $16K |
Holdings After Transaction:
Ordinary Shares — 10,804 shares (Direct)
Footnotes (1)
- F1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Key Figures
Shares sold: 335 Ordinary Shares
Sale price per share: $48.38 per share
Shares held after transaction: 10,804 Ordinary Shares
3 metrics
Shares sold
335 Ordinary Shares
Sale transaction on August 20, 2026
Sale price per share
$48.38 per share
Price for the 335 Ordinary Shares sold
Shares held after transaction
10,804 Ordinary Shares
Direct ownership following the August 20, 2026 sale
Key Terms
Rule 10b5-1 trading plan, Ordinary Shares, Sale in open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
FAQ
What insider transaction did GLOBALFOUNDRIES (GFS) report for Azar Samak L?
GLOBALFOUNDRIES reported that Chief Legal Officer Azar Samak L sold 335 Ordinary Shares on August 20, 2026 in a transaction classified as a sale in an open market or private transaction.
Was the GLOBALFOUNDRIES (GFS) insider sale under a Rule 10b5-1 plan?
Yes. The filing states that the sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
What role does the reporting person hold at GLOBALFOUNDRIES (GFS)?
The reporting person, Azar Samak L, serves as the Chief Legal Officer of GLOBALFOUNDRIES Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.