GLOBALFOUNDRIES (GFS) Chief Legal Officer Azar Samak Sells Shares

What Happened
Azar Samak, Chief Legal Officer of GLOBALFOUNDRIES (GFS), sold 335 shares in an open‑market transaction on 2026-09-17 at $44.87 per share, a total disposition of about $15,031. The Form 4 reporting the sale was filed on 2026-09-18.

Key Details

• Transaction date and price: 2026-09-17, 335 shares at $44.87 each.
• Total reported proceeds: approximately $15,031.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person (prearranged plan).
• Filing timeliness: Form 4 was filed the next day (9/18), and no late‑filing indication was provided in the summary.

Context
This was a sale, which is often routine; the 10b5‑1 plan note indicates the transaction was prearranged, which can reduce its informational significance about the insider’s current view of the stock. For retail investors, purchases typically carry more weight as a bullish signal; this reported sale appears to be an automated or planned disposition.