GLOBALFOUNDRIES CLO sells 335 shares at $43
GLOBALFOUNDRIES’ Chief Legal Officer executed a small, pre-planned sale of 335 shares under a Rule 10b5-1 trading plan, retaining 10,134 shares afterward.
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. (GFS) reported that its Chief Legal Officer, Azar Samak L, sold 335 Ordinary Shares on September 3, 2026 at a price of $43.24 per share. After this transaction, the insider directly held 10,134 Ordinary Shares of GLOBALFOUNDRIES Inc.
The filing states that this sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person, indicating the transaction was pre-arranged under that plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 335 shares
Net Sell
1 txn
Insider
Azar Samak L
Role
Chief Legal Officer
Sold
335 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1 | 335 | $43.24 | $14K |
Holdings After Transaction:
Ordinary Shares — 10,134 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 shares
Sale price per share: $43.24 per share
Approximate transaction value: $14,492
+2 more
5 metrics
Shares sold
335 shares
Ordinary Shares sold by the Chief Legal Officer on September 3, 2026
Sale price per share
$43.24 per share
Price at which the 335 Ordinary Shares were sold on September 3, 2026
Approximate transaction value
$14,492
Estimated total value of 335 shares sold at $43.24 per share
Shares held after transaction
10,134 shares
Direct Ordinary Share holdings of the Chief Legal Officer after the sale
Transaction date
September 3, 2026
Date of the reported sale of 335 Ordinary Shares
Key Terms
Rule 10b5-1 trading plan, Ordinary Shares, open market
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.
open market market
"Described as a sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
What insider transaction did GLOBALFOUNDRIES Inc. (GFS) report in this Form 4?
GLOBALFOUNDRIES Inc. reported that its Chief Legal Officer, Azar Samak L, sold 335 Ordinary Shares on September 3, 2026 at $43.24 per share, and continued to hold 10,134 Ordinary Shares directly afterward.
Was the GFS insider sale by the Chief Legal Officer made under a Rule 10b5-1 plan?
Yes. The filing states that the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person, meaning the trade was pre-arranged under that plan rather than made on an ad hoc basis.
What is the role of the insider involved in this GLOBALFOUNDRIES (GFS) Form 4 filing?
The insider is Azar Samak L, who serves as Chief Legal Officer of GLOBALFOUNDRIES Inc., and is the reporting person for the sale of 335 Ordinary Shares disclosed in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.