GLOBALFOUNDRIES Inc. (GFS) CLO sells 335 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. insider Azar Samak L, the Chief Legal Officer, reported a sale of ordinary shares. On 2026-08-06, the reporting person sold 335 ordinary shares at a price of $48.29 per share in an open-market or private transaction. After this transaction, the reporting person directly held 11,474 ordinary shares. The sale was effected pursuant to 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 | $48.29 | $16K |
Holdings After Transaction:
Ordinary Shares — 11,474 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: $48.29 per share
Shares held after transaction: 11,474 shares
3 metrics
Shares sold
335 shares
Ordinary shares sold on 2026-08-06 by Chief Legal Officer
Sale price per share
$48.29 per share
Price for the 335 ordinary shares sold
Shares held after transaction
11,474 shares
Direct ownership after the reported sale
Key Terms
Rule 10b5-1 trading plan, Ordinary Shares, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"The sale 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.
Form 4 regulatory
"The sale reported in this Form 4 was effected pursuant to a plan"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did GLOBALFOUNDRIES Inc. (GFS) report for Azar Samak L?
GLOBALFOUNDRIES Inc. reported that Chief Legal Officer Azar Samak L sold 335 ordinary shares of the company on 2026-08-06 in an open-market or private transaction at a stated per-share price.
Was the GLOBALFOUNDRIES (GFS) insider sale under a Rule 10b5-1 trading plan?
Yes. The filing states that the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person, indicating the transaction followed a pre-arranged trading schedule.
Which officer of GLOBALFOUNDRIES (GFS) is involved in this Form 4 transaction?
The insider transaction involves Azar Samak L, who serves as Chief Legal Officer of GLOBALFOUNDRIES Inc. The Form 4 reports a sale of ordinary shares by this executive officer.