GLOBALFOUNDRIES CLO sells 500 shares in plan trade
GLOBALFOUNDRIES Inc. Chief Legal Officer Azar Samak L reported an open-market sale of 500 Ordinary Shares at $74.82 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. Chief Legal Officer Azar Samak L reported an open-market sale of 500 Ordinary Shares at $74.82 per share. After this transaction, direct holdings stand at 15,494 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan, indicating a scheduled, routine disposition.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 500 | $74.82 | $37K |
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
Key Terms
Rule 10b5-1 trading plan regulatory
open-market sale financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GLOBALFOUNDRIES (GFS) report for Azar Samak L?
Was the GLOBALFOUNDRIES (GFS) insider sale under a Rule 10b5-1 plan?
What type of security did the GLOBALFOUNDRIES (GFS) insider sell?
AI-generated analysis. How Rhea-AI works. Not financial advice.