GlobalFoundries’ CLO Disposes of $22,995 in Stock as Company Faces Legal and Capital Moves
GlobalFoundries Chief Legal Officer Azar Samak L sold 500 ordinary shares on March 26, 2026, for $22,995 under a Rule 10b5-1 plan. The transaction comes as the company navigates a Mubadala-led secondary offering, patent infringement litigation against Tower Semiconductor, and a substantial share sale by a Mubadala unit that was reportedly oversubsc…