Azar Samak L 4
4 · GLOBALFOUNDRIES Inc. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
GLOBALFOUNDRIES (GFS) Chief Legal Officer Azar Samak Sells 335 Shares
What Happened Azar Samak L, Chief Legal Officer of GLOBALFOUNDRIES (GFS), sold 335 shares in an open-market transaction on May 28, 2026. The shares were disposed at $80.90 each for proceeds of $27,102. This was a sale (often routine) rather than a purchase.
Key Details
- Transaction date and price: 2026-05-28 — 335 shares sold at $80.90 per share.
- Total value: $27,102 (proceeds from the sale).
- Shares owned after transaction: Not specified in the provided filing.
- Filing date and timeliness: Form 4 filed 2026-06-01; filing is timely based on the two-business-day rule.
- Footnote: The sale was made pursuant to a pre-established Rule 10b5-1 trading plan (per footnote F1), indicating it was a scheduled trade.
Context Sales under 10b5-1 plans are pre-scheduled and do not necessarily reflect the insider’s current view of the company. The transaction size here is modest; retail investors generally weigh insider purchases more heavily as potential bullish signals.
Insider Transaction Report
Form 4
Azar Samak L
Chief Legal Officer
Transactions
- Sale
Ordinary Shares
[F1]2026-05-28$80.90/sh−335$27,102→ 14,824 total
Footnotes (1)
- [F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Signature
/s/ Jeff Worth, as Attorney-in-fact for Reporting Person|2026-06-01