Azar Samak L 4

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.