GLOBALFOUNDRIES (GFS) CLO Azar Samak L Sells 335 Shares

What Happened
Azar Samak L, Chief Legal Officer of GLOBALFOUNDRIES (GFS), sold 335 shares in an open-market transaction on August 13, 2026. The shares were sold at $52.62 per share for a total proceeds of $17,628. This was a sale (not a purchase); sales are often routine and do not necessarily indicate a change in insider sentiment.

Key Details

• Transaction date and price: 2026-08-13 — 335 shares sold at $52.62 each.
• Total value: $17,628.
• Shares owned after transaction: Not reported in this Form 4.
• Footnotes: Sale was executed pursuant to a pre-established Rule 10b5-1 trading plan (per footnote F1).
• Filing timeliness: Form 4 filed on 2026-08-17 — appears timely (filed within the SEC’s two-business-day window).

Context
A 10b5-1 plan means the sale was pre-planned and scheduled, which helps indicate the trade was routine rather than based on non-public information. For retail investors, purchases typically carry more direct informational weight; single, planned insider sales are common and not necessarily a red flag.