Azar Samak L 4
4 · GLOBALFOUNDRIES Inc. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
GLOBALFOUNDRIES CLO Azar Samak Sells 500 Shares
What Happened
- Azar Samak L, Chief Legal Officer of GLOBALFOUNDRIES (GFS), disposed of 500 shares on 2026-03-26 at $45.99 per share, for aggregate proceeds of $22,995. The transaction is reported as a sale (code S) and was effected pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date and price: 2026-03-26, 500 shares @ $45.99 each.
- Total value: $22,995.
- Filing date: Form 4 filed 2026-03-30 (timely filed within required reporting window).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnote: Reporting person is subject to a lock-up agreement (expires May 10, 2026) tied to an offering by the issuer’s majority shareholder; this sale was a permissible exemption and was made under a pre-established 10b5-1 plan.
Context
- This was a sale (typically routine) made under a pre-existing trading plan; such 10b5-1 sales are generally executed according to a previously set schedule and do not necessarily reflect new insider sentiment.
- The amount is modest relative to typical insider trades; no options exercises, gifts, or tax-withholding events are indicated in this filing.
Insider Transaction Report
Form 4
Azar Samak L
Chief Legal Officer
Transactions
- Sale
Ordinary Shares
[F1]2026-03-26$45.99/sh−500$22,995→ 18,994 total
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.
Signature
/s/ Jeff Worth, as Attorney-in-fact for Reporting Person|2026-03-30