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GLOBALFOUNDRIES (NASDAQ: GFS) legal chief trims stake in share sale plan

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

GLOBALFOUNDRIES Inc. insider Azar Samak L, the company’s Chief Legal Officer, reported a sale of 335 Ordinary Shares of GFS on 2026-08-13 at a price of $52.62 per share. Following this transaction, direct holdings total 11,139 Ordinary Shares. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

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Insider Azar Samak L
Role Chief Legal Officer
Sold 335 shs ($18K)
Type Security Shares Price Value
Sale Ordinary Shares F1 335 $52.62 $18K
Holdings After Transaction: Ordinary Shares — 11,139 shares (Direct)
Footnotes (1)
  1. F1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Shares Sold 335 Ordinary Shares Non-derivative sale on 2026-08-13 by Chief Legal Officer
Sale Price $52.62 per share Price for the 335 Ordinary Shares sold on 2026-08-13
Shares Held After Transaction 11,139 Ordinary Shares Direct holdings of Azar Samak L following the reported sale
Net Shares Sold 335 shares Net-sell direction across all reported transactions in this Form 4
Number of Sell Transactions 1 transaction Single reported non-derivative sale coded "S"
Rule 10b5-1 trading plan regulatory
"The sale reported ... 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.
Ordinary Shares financial
"security_title: "Ordinary Shares" for the non-derivative transaction"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
sale in open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""

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 GFS on 2026-08-13. The transaction was a reported sale in open market or private transaction at a stated price of $52.62 per share.

At what price were GLOBALFOUNDRIES (GFS) shares sold in this Form 4 filing?

The reported sale was executed at a price of $52.62 per share for the 335 Ordinary Shares sold. This price is stated as a per-share amount in the filing, reflecting an open market or private transaction sale code of "S."

How many GLOBALFOUNDRIES (GFS) shares does Azar Samak L hold after the reported sale?

After the reported transaction, Azar Samak L directly holds 11,139 Ordinary Shares of GLOBALFOUNDRIES Inc. This post-transaction holding reflects the position remaining following the sale of 335 shares reported in the Form 4 filing.

Was the GLOBALFOUNDRIES (GFS) insider sale 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. Such plans provide for pre-arranged trading and can reduce the informational value of transaction timing for interpreting insider sentiment.

What is the transaction code used in the GLOBALFOUNDRIES (GFS) Form 4 for this trade?

The transaction is coded as "S", which denotes a sale in open market or private transaction. This code confirms that the 335 Ordinary Shares were disposed of, consistent with the filing’s characterization of the activity as a sale transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Azar Samak L

(Last)(First)(Middle)
400 STONE BREAK ROAD EXTENSION

(Street)
MALTA NEW YORK 12020

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
GLOBALFOUNDRIES Inc. [ GFS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares08/13/2026S335(1)D$52.6211,139D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Remarks:
/s/ Angela Corsilles, as Attorney-in-fact for Reporting Person08/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)