GLOBALFOUNDRIES Inc. (GFS) legal chief sells 335 shares under 10b5-1 plan
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. insider Azar Samak L, the Chief Legal Officer, sold 335 Ordinary Shares on 2026-07-30 at $48.93 per share in an open-market or private transaction. The sale was effected under a Rule 10b5-1 trading plan, and the reporting person held 11,809 shares directly after the transaction.
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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 | $48.93 | $16K |
Holdings After Transaction:
Ordinary Shares — 11,809 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: $48.93 per share
Shares held after transaction: 11,809 shares
3 metrics
Shares sold
335 shares
Ordinary Shares sold on 2026-07-30
Sale price
$48.93 per share
Price for the 335 Ordinary Shares sold
Shares held after transaction
11,809 shares
Direct holdings after the 2026-07-30 sale
Key Terms
Rule 10b5-1 trading plan, Ordinary Shares, Sale in open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sale was effected pursuant to a Rule 10b5-1 trading plan adopted"
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.
Sale in open market or private transaction financial
"transaction code description indicates a sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did GLOBALFOUNDRIES (GFS) report in this Form 4?
GLOBALFOUNDRIES reported that Chief Legal Officer Azar Samak L sold 335 Ordinary Shares on 2026-07-30. The transaction was a sale in an open-market or private transaction at a price of $48.93 per share, according to the Form 4 details.
Was the GLOBALFOUNDRIES (GFS) insider sale made under a Rule 10b5-1 plan?
Yes, the sale was effected under a Rule 10b5-1 trading plan. A footnote explains that the reporting person had previously adopted this pre-arranged trading plan, which governed the execution of the 335-share sale.