GLOBALFOUNDRIES CLO sells 335 shares at $44.87
GLOBALFOUNDRIES' chief legal officer sold 335 shares under a Rule 10b5-1 trading plan, retaining 9,464 shares afterward.
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. (GFS) reported that Chief Legal Officer Azar Samak L sold 335 Ordinary Shares on September 17, 2026 at $44.87 per share in an open-market or private transaction. After this sale, the officer directly holds 9,464 Ordinary Shares, and the transaction was made under a Rule 10b5-1 trading 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 ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1 | 335 | $44.87 | $15K |
Holdings After Transaction:
Ordinary Shares — 9,464 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: $44.87 per share
Shares held after transaction: 9,464 shares
+2 more
5 metrics
Shares sold
335 shares
Ordinary Shares sold by the Chief Legal Officer on September 17, 2026
Sale price per share
$44.87 per share
Price for the 335 Ordinary Shares sold on September 17, 2026
Shares held after transaction
9,464 shares
Direct Ordinary Share holdings of the Chief Legal Officer after the sale
Net shares sold
335 shares
Net share change reported in the Form 4 transaction summary
Reported sale count
1 transaction
Number of reported sale transactions of Ordinary Shares
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 adopted by the reporting person."
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
"Sale in open market or private transaction as described for the reported trade"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GLOBALFOUNDRIES Inc. (GFS) disclose for its Chief Legal Officer?
GLOBALFOUNDRIES disclosed that Chief Legal Officer Azar Samak L sold 335 Ordinary Shares on September 17, 2026 at $44.87 per share in an open-market or private transaction, and directly holds 9,464 shares after the sale.
Was the recent GFS insider sale made 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 trades were pre-arranged rather than timed discretionarily.
Does the Form 4 for GLOBALFOUNDRIES (GFS) report any derivative security transactions?
No. The Form 4 reports no derivative security transactions; it shows only one transaction involving Ordinary Shares and no remaining derivative positions in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.