STOCK TITAN

GlobalFoundries (GFS) Chief Legal Officer sells 335 shares under Rule 10b5-1 plan

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

GLOBALFOUNDRIES Inc. Chief Legal Officer Azar Samak L sold 335 Ordinary Shares of GFS in an open-market transaction. The shares were sold at a price of $77.99 per share on May 21, 2026, under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person.

After this sale, Azar Samak L directly holds 15,159 Ordinary Shares. The transaction reflects a small portion of the reported holdings and appears as a routine, planned sale rather than a discretionary trade.

Positive

  • None.

Negative

  • None.

Insights

Small pre-planned sale by GlobalFoundries CLO looks routine.

The Chief Legal Officer of GLOBALFOUNDRIES Inc., Azar Samak L, executed an open-market sale of 335 Ordinary Shares at $77.99 per share. The filing shows this was done under a Rule 10b5-1 trading plan, indicating it was pre-scheduled.

Following the sale, the officer still directly holds 15,159 Ordinary Shares, so the transaction represents only a small fraction of their reported position. Because the sale is modest in size and pre-planned, it typically carries limited informational value about the insider’s view of the stock.

Insider Azar Samak L
Role Chief Legal Officer
Sold 335 shs ($26K)
Type Security Shares Price Value
Sale Ordinary Shares 335 $77.99 $26K
Holdings After Transaction: Ordinary Shares — 15,159 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 335 shares Open-market sale on May 21, 2026
Sale price per share $77.99 per share Ordinary Shares transaction
Shares held after transaction 15,159 shares Direct ownership after sale
Transaction code S (Sale) Non-derivative open-market transaction
Trading plan type Rule 10b5-1 plan Footnote disclosure on Form 4
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 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.
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.
Ordinary Shares financial
""security_title": "Ordinary Shares""
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.
Form 4 regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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)
05/21/2026
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 Shares05/21/2026S335(1)D$77.9915,159D
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/ Jeff Worth, as Attorney-in-fact for Reporting Person05/26/2026
** 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)

FAQ

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

GLOBALFOUNDRIES reported that Chief Legal Officer Azar Samak L sold 335 Ordinary Shares. The shares were sold in an open-market transaction at $77.99 per share, reflecting a relatively small portion of the officer’s disclosed holdings following the transaction.

At what price were the GLOBALFOUNDRIES (GFS) shares sold by Azar Samak L?

The 335 GLOBALFOUNDRIES Ordinary Shares sold by Azar Samak L were transacted at $77.99 per share. This price comes directly from the reported Form 4 transaction details for the open-market sale dated May 21, 2026, involving the company’s Chief Legal Officer.

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

After the reported transaction, Azar Samak L holds 15,159 GLOBALFOUNDRIES Ordinary Shares directly. This post-transaction balance, disclosed in the Form 4, shows that the 335 shares sold represent only a small percentage of the officer’s remaining stake.

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 pre-schedule trades, indicating the transaction was planned in advance rather than a discretionary, market-timing decision by the insider.

What role does Azar Samak L hold at GLOBALFOUNDRIES (GFS)?

Azar Samak L serves as Chief Legal Officer of GLOBALFOUNDRIES Inc., according to the Form 4. This officer role is specifically identified in the filing’s reporting person details, which classify the transaction as a director or officer-related insider trade under SEC rules.