GlobalFoundries Inc. Chief Legal Officer L. Azar Samak filed a Form 4 on October 30, 2026, disclosing the sale of 335 ordinary shares on October 29, 2026, under 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 October 29, 2026
  • Sale price: $45.37 per share
  • Remaining ownership: 7,454 ordinary shares held directly following the transaction
  • Rule 10b5-1 plan: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person
  • Filing date: October 30, 2026, signed by Angela Corsilles as attorney-in-fact

Details of the Azar Samak Share Disposition at GlobalFoundries

According to the Form 4 filed with the U.S. Securities and Exchange Commission, L. Azar Samak, serving as Chief Legal Officer of GlobalFoundries Inc. (NASDAQ:GFS), reported the disposal of 335 ordinary shares on October 29, 2026, at a price of $45.37 per share. The filing indicates the transaction was a direct sale, coded "S" under the applicable instructions.

The filing notes that "the sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person." Rule 10b5-1 plans allow corporate insiders to establish pre-scheduled trading arrangements at a time when they are not in possession of material non-public information. The form was filed by one reporting person, and the checkbox indicating a Rule 10b5-1(c) transaction is marked.

Following the reported transaction, the filing discloses that Azar Samak directly beneficially owns 7,454 ordinary shares. No derivative securities were reported in Table II of the filing. The form was signed by Angela Corsilles as attorney-in-fact for the reporting person and submitted on October 30, 2026. Samak's address is listed as 400 Stone Break Road Extension, Malta, New York 12020.

What Was Disclosed

GlobalFoundries Chief Legal Officer L. Azar Samak disclosed the sale of 335 ordinary shares at $45.37 each on October 29, 2026, under a pre-established Rule 10b5-1 plan, leaving a direct beneficial ownership of 7,454 ordinary shares.