GLOBALFOUNDRIES CLO sells 500 shares at $72.19
GLOBALFOUNDRIES Inc. Chief Legal Officer Azar Samak L reported an open-market sale of 500 Ordinary Shares on May 7, 2026 at a price of $72.19 per share.
Rhea-AI Filing Summary
GLOBALFOUNDRIES Inc. Chief Legal Officer Azar Samak L reported an open-market sale of 500 Ordinary Shares on May 7, 2026 at a price of $72.19 per share. After this transaction, the officer directly owns 15,994 Ordinary Shares.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted before an offering by the company’s majority shareholder. A lock-up agreement limits other sales until May 10, 2026, and this trade falls under a permissible exemption to that lock-up.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 500 | $72.19 | $36K |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
lock-up agreement 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 lock-up agreement applies to the GLOBALFOUNDRIES (GFS) insider in this filing?
What type of transaction code is used in this GLOBALFOUNDRIES (GFS) Form 4?
Does the GLOBALFOUNDRIES (GFS) Form 4 involve derivative securities or options?
AI-generated analysis. How Rhea-AI works. Not financial advice.