GLOBALFOUNDRIES (GFS) legal chief sells 500 shares in 10b5-1 plan

Rhea-AI Filing Summary

GLOBALFOUNDRIES Inc. Chief Legal Officer Azar Samak L reported an open-market sale of 500 Ordinary Shares on April 23, 2026 at $59.66 per share. After this transaction, the officer directly held 16,994 Ordinary Shares.

The footnote explains that Azar Samak L is subject to a lock-up agreement expiring on May 10, 2026 in connection with an offering by the issuer's majority shareholder, and that this sale is a permitted exception. The sale was carried out under a Rule 10b5-1 trading plan adopted before that offering.

Insider Trade Summary 10b5-1

Net Seller: 500 shares ($29,830)

Net Sell 1 txn

Insider Azar Samak L

Role Chief Legal Officer

Sold 500 shs ($30K)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	500	$59.66	$30K

Holdings After Transaction: Ordinary Shares — 16,994 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 500 shares Sale price: $59.66 per share Shares held after sale: 16,994 shares +2 more

5 metrics

Shares sold 500 shares Ordinary Shares sold on April 23, 2026

Sale price $59.66 per share Open-market transaction price

Shares held after sale 16,994 shares Direct ownership following transaction

Net shares sold 500 shares Net-sell direction in transaction summary

Lock-up expiry May 10, 2026 End date of lock-up agreement

Key Terms

Rule 10b5-1 trading plan, lock-up agreement, open-market sale, majority shareholder

4 terms

Rule 10b5-1 trading plan financial

"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person prior to the offering."

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.

lock-up agreement financial

"The reporting person is subject to a lock-up agreement that expires on May 10, 2026 that was entered into with the underwriters."

A lock-up agreement is a contract that prevents company insiders and early investors from selling their shares for a fixed period after a stock sale, often after an initial public offering. It matters to investors because it temporarily limits the number of shares that can hit the market, which can keep the share price steadier; when the lock-up ends, a sudden increase in available shares can create extra volatility, revealing insiders’ confidence or lack thereof.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

majority shareholder financial

"in connection with an offering of securities by the issuer's majority shareholder."

A majority shareholder owns more than half of a company's voting shares, giving them effective control over major decisions such as choosing the board of directors, approving mergers, or setting strategy. For investors, this matters because the majority holder can steer the company much like the person who holds the largest piece of a pie decides how it’s shared—this can stabilize leadership and direction but also create risks if the majority’s interests differ from those of smaller shareholders.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	04/23/2026		S		500(1)	D	$59.66	16,994	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person is subject to a lock-up agreement that expires on May 10, 2026 that was entered into with the underwriters in connection with an offering of securities by the issuer's majority shareholder. The sale of shares is a permissible exemption under the terms of the lock-up agreement. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person prior to the offering.

Remarks:

	/s/ Jeff Worth, as Attorney-in-fact for Reporting Person	04/27/2026
	** Signature of Reporting Person	Date
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)

FAQ

What insider transaction did GLOBALFOUNDRIES (GFS) report for Azar Samak L?

GLOBALFOUNDRIES reported that Chief Legal Officer Azar Samak L sold 500 Ordinary Shares in an open-market transaction. The sale occurred on April 23, 2026 and was executed under a pre-adopted Rule 10b5-1 trading plan linked to a prior securities offering.

How many GLOBALFOUNDRIES shares did Azar Samak L sell and at what price?

Azar Samak L sold 500 Ordinary Shares of GLOBALFOUNDRIES at a price of $59.66 per share. This open-market sale is reported as a non-derivative transaction and took place on April 23, 2026 under a Rule 10b5-1 trading plan.

How many GLOBALFOUNDRIES shares does Azar Samak L hold after this sale?

After selling 500 Ordinary Shares, Azar Samak L directly holds 16,994 Ordinary Shares of GLOBALFOUNDRIES. This post-transaction holding figure is disclosed in the Form 4 and reflects the number of shares owned immediately following the reported sale.

What lock-up agreement affects Azar Samak L’s GLOBALFOUNDRIES shares?

Azar Samak L is subject to a lock-up agreement that expires on May 10, 2026, tied to an offering by GLOBALFOUNDRIES’ majority shareholder. The footnote states that the reported sale is a permissible exemption under the terms of this lock-up agreement.

Was the GLOBALFOUNDRIES insider sale made under a Rule 10b5-1 trading plan?

Yes. The footnote explains that the sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by Azar Samak L before the offering by the issuer’s majority shareholder. This plan governed execution of the transaction.

What type of security did Azar Samak L sell in GLOBALFOUNDRIES?

The Form 4 shows that Azar Samak L sold Ordinary Shares of GLOBALFOUNDRIES in a non-derivative, open-market transaction. No derivative securities such as options or warrants are reported in the transaction or derivative summaries for this specific filing.