GlobalFoundries Inc. Chief Legal Officer Samak L. Azar filed a Form 4 on August 17, 2026, disclosing the sale of 335 ordinary shares on August 13, 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 August 13, 2026.
- Sale price: $52.62 per share.
- Remaining ownership: 11,139 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.
GlobalFoundries CLO Reports Open-Market Share Sale Under Pre-Set Trading Plan
According to the filing, Samak L. Azar, serving as Chief Legal Officer at GlobalFoundries Inc. (NASDAQ:GFS), sold 335 ordinary shares on August 13, 2026, at a price of $52.62 per share. The filing notes that the transaction was a disposition (coded "S") of directly held shares. Following the reported transaction, Azar holds 11,139 ordinary shares directly, as disclosed in Table I of the Form 4.
The filing indicates that the sale was carried out under a Rule 10b5-1 trading plan previously adopted by the reporting person. The filing box confirming Rule 10b5-1(c) affirmative defense conditions is checked on the form. No derivative securities transactions were reported in Table II of the filing. The Form 4 was signed by Angela Corsilles as attorney-in-fact for the reporting person and was filed on August 17, 2026.
The filing lists Azar's address as 400 Stone Break Road Extension, Malta, New York 12020, United States. No amendments to a prior filing are indicated, and the form was filed by one reporting person.
What Was Disclosed
The Form 4 discloses that GlobalFoundries' Chief Legal Officer sold 335 ordinary shares at $52.62 on August 13, 2026, under a pre-established Rule 10b5-1 plan, leaving a direct beneficial ownership of 11,139 shares.



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