GLOBALFOUNDRIES (GFS) legal chief now holds 10,469 shares after 10b5-1 sale
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. (GFS) reported that Chief Legal Officer Azar Samak L sold 335 Ordinary Shares on 2026-08-27 at a price of $46.75 per share. The sale was effected pursuant to a Rule 10b5-1 trading plan, and the reporting person now directly holds 10,469 Ordinary Shares.
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 ($16K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1 | 335 | $46.75 | $16K |
Holdings After Transaction:
Ordinary Shares — 10,469 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: $46.75 per share
Shares owned after transaction: 10,469 Ordinary Shares
+1 more
4 metrics
Shares sold
335 Ordinary Shares
Non-derivative sale on 2026-08-27
Sale price per share
$46.75 per share
Ordinary Shares sold on 2026-08-27
Shares owned after transaction
10,469 Ordinary Shares
Direct ownership following the 2026-08-27 sale
Net shares sold
335 Ordinary Shares
Net sell direction in transaction summary
Key Terms
Rule 10b5-1 trading plan, Ordinary Shares, 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.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
FAQ
What insider transaction did GFS disclose in this Form 4?
GLOBALFOUNDRIES Inc. disclosed that Chief Legal Officer Azar Samak L sold 335 Ordinary Shares on 2026-08-27 at $46.75 per share, leaving direct ownership of 10,469 Ordinary Shares.
Was the GFS insider trade made under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person, indicating the trade followed a pre-established trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.