Globalfoundries chief legal officer sells $15,677 in stock

Chief Legal Officer at GlobalFoundries Inc., Samak L. Azar, sold 335 of the company's ordinary shares on October 15, 2026, earning $15,677. Each share was sold at $46.8. The company's stock is currently valued at $46.68, having experienced a 34% year-to-date increase despite recent fluctuations. The sale was conducted in line with a prearranged Rule 10b5-1 trading plan.

After the transaction, Azar holds 8,124 ordinary shares of GlobalFoundries. The semiconductor manufacturer, valued at $26.76 billion, trades with a P/E ratio of 37.35 and is considered undervalued according to InvestingPro Fair Value analysis. Investors interested in further insights into GFS’s valuation and growth potential can explore the comprehensive Pro Research Report available for GlobalFoundries and 1,400+ other US equities on InvestingPro.