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 2026-09-10 at $44.83 per share, yielding $15,018 in proceeds. This was a sale (not a purchase), which is often routine insider selling rather than a direct bullish signal.

Key Details

• Transaction date and price: 2026-09-10 — 335 shares sold at $44.83 each.
• Total value: $15,018.
• Shares owned after transaction: Not specified in the provided filing.
• Filing date: 2026-09-11 (filed the day after the transaction).
• Footnote: Sale was made pursuant to a pre-established Rule 10b5-1 trading plan adopted by the reporting person (per footnote F1).
• Transaction type/code: Open-market sale (S).

Context
A 10b5-1 plan indicates the sale was prearranged and typically reduces the likelihood the trade was based on undisclosed, current company information. Sales under such plans are common and do not necessarily indicate management’s view on the company’s near-term prospects.