GLOBALFOUNDRIES CLO Azar Samak Sells 335 Shares

What Happened

• Azar Samak L, Chief Legal Officer of GLOBALFOUNDRIES (GFS), sold 335 shares on 2026-06-04 at $82.00 per share, generating proceeds of $27,470. The transaction is reported as a sale (code S).

Key Details

• Transaction date and price: 2026-06-04 — 335 shares @ $82.00.
• Total proceeds: $27,470.
• Transaction type: Sale (open-market or private sale as reported).
• Footnote: The sale was effected pursuant to a Rule 10b5-1 trading plan (prearranged plan).
• Shares owned after the transaction: Not disclosed in the provided filing excerpt.
• Filing date/timeliness: Form 4 filed 2026-06-08 — timely (filed within the required two business days).

Context

• Sales executed under a 10b5-1 plan are prearranged and are generally considered routine, so they carry less implication about the insider’s current view of the company than ad-hoc trades. This was a relatively small dollar sale and, by itself, is not a clear signal of company prospects.