Azar Samak L 4

What Happened Azar Samak L, Chief Legal Officer of GLOBALFOUNDRIES (GFS), sold 335 shares on June 18, 2026. The shares were disposed at $83.35 per share for a total proceeds of $27,922. This was a sale (not a purchase); such sales are often routine insider liquidity rather than a direct buy signal.

Key Details

• Transaction date and price: 2026-06-18 — 335 shares sold at $83.35 each.
• Total value: Approximately $27,922.
• Sale type: Reported as an open-market or private sale (Form 4 code S).
• Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person (per filing footnote).
• Shares owned after transaction: Not specified in the information provided in this summary.
• Filing timeliness: Form filed on 2026-06-23 — about 5 calendar days (3 business days) after the trade, which appears later than the usual 2-business-day Form 4 deadline.

Context A 10b5-1 trading plan indicates the sale was executed under a pre-established plan, which can limit the inference that the insider timed the market. For retail investors, single small-dollar insider sales like this are typically routine; purchases generally carry more weight as a bullish signal.