GlobalFoundries Inc. Chief Legal Officer Samak L. Azar filed a Form 4 with the SEC on September 4, 2026, reporting the sale of 335 ordinary shares on September 3, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Reporting Person: Samak L. Azar, Chief Legal Officer of GlobalFoundries Inc.
  • Transaction: 335 ordinary shares disposed of (transaction code S) on September 3, 2026.
  • Sale Price: $43.24 per share, as reported in the filing.
  • Remaining Ownership: 10,134 ordinary shares beneficially owned directly following the transaction.
  • Trading Plan: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

GlobalFoundries CLO Reports Share Sale Under Rule 10b5-1 Plan

According to the Form 4 filed with the SEC, Samak L. Azar, serving as Chief Legal Officer of GlobalFoundries Inc. (NASDAQ:GFS), disposed of 335 ordinary shares on September 3, 2026, at a price of $43.24 per share. The filing indicates the transaction was a direct sale, coded "S" under the applicable instructions.

The filing discloses that the sale was carried out under a pre-established Rule 10b5-1 trading plan adopted by the reporting person. The form notes this was filed pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). Following the reported transaction, Azar's direct beneficial ownership in GlobalFoundries ordinary shares stands at 10,134 shares, according to the filing.

No derivative securities transactions were reported in Table II of the filing. The Form 4 was signed on September 4, 2026, by Angela Corsilles as attorney-in-fact for the reporting person, and covers a single reporting person filing.

What Was Disclosed

The filing reports a single sale of 335 GlobalFoundries ordinary shares at $43.24 by the company's Chief Legal Officer on September 3, 2026, conducted under a Rule 10b5-1 plan, leaving the officer with 10,134 directly held shares.