GlobalFoundries Inc. Chief Legal Officer L. Azar Samak filed a Form 4 on November 6, 2026, disclosing the sale of 335 ordinary shares on November 5, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: L. Azar Samak, Chief Legal Officer of GlobalFoundries Inc. (NASDAQ:GFS)
  • Transaction: 335 ordinary shares disposed of (transaction code S) on November 5, 2026
  • Sale price: $38.82 per share
  • Remaining ownership: 7,119 ordinary shares held directly following the transaction
  • 10b5-1 plan: The sale was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person

GlobalFoundries CLO Share Sale Under Pre-Established Trading Plan

According to the filing, L. Azar Samak, serving as Chief Legal Officer of GlobalFoundries Inc. (NASDAQ:GFS), sold 335 ordinary shares on November 5, 2026, at a price of $38.82 per share. The filing notes that the transaction was carried out directly and is recorded under transaction code S, indicating an open-market sale. The Form 4 was signed by Angela Corsilles as attorney-in-fact for the reporting person and filed on November 6, 2026.

The filing discloses that the sale was made pursuant to a Rule 10b5-1 trading plan adopted by Samak. Rule 10b5-1 plans allow corporate insiders to establish pre-scheduled instructions for securities transactions at a time when they are not in possession of material non-public information. Following the reported transaction, the filing states that Samak directly holds 7,119 ordinary shares. No derivative securities transactions were reported in Table II of the filing.

The filing lists Samak's address as 400 Stone Break Road Extension, Malta, New York 12020, and identifies the relationship to the issuer as an officer. No amendment date was indicated, suggesting this is an original filing rather than a correction to a prior submission.

What Was Disclosed

GlobalFoundries Inc. Chief Legal Officer L. Azar Samak filed a Form 4 reporting the sale of 335 ordinary shares at $38.82 on November 5, 2026, under a Rule 10b5-1 plan, leaving a direct beneficial ownership of 7,119 shares.