GlobalFoundries CLO sells 335 GFS shares in plan trade
GLOBALFOUNDRIES Inc. Chief Legal Officer Azar Samak L sold 335 Ordinary Shares of GFS in an open-market transaction.
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
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Negative
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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 Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 335 | $77.99 | $26K |
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
Form 4 regulatory
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 role does Azar Samak L hold at GLOBALFOUNDRIES (GFS)?
AI-generated analysis. How Rhea-AI works. Not financial advice.