GLOBALFOUNDRIES CLO reports small share sale
GLOBALFOUNDRIES Inc. Chief Legal Officer Azar Samak L reported an open-market sale of 335 Ordinary Shares on July 9, 2026 at $70.90 per share.
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. Chief Legal Officer Azar Samak L reported an open-market sale of 335 Ordinary Shares on July 9, 2026 at $70.90 per share. The transaction was effected under a Rule 10b5-1 trading plan adopted by the reporting person. Following this sale, the officer directly holds 12,814 Ordinary Shares.
Positive
- None.
Negative
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Filing Explained
The reported plan-based sale reduced the filer's direct holdings by 335 shares, to 12,814 shares.
This Form 4 reports that GlobalFoundries Chief Legal Officer Azar Samak L sold 335 ordinary shares on
Transaction code S identifies an open-market sale, and the filing says the sale was effected under a Rule 10b5-1 trading plan. Such a plan is adopted in advance and executes trades on a schedule or formula.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1 | 335 | $70.90 | $24K |
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
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 made under a Rule 10b5-1 plan?
What type of insider transaction did GLOBALFOUNDRIES (GFS) disclose for July 9, 2026?
AI-generated analysis. How Rhea-AI works. Not financial advice.