GlobalFoundries Stock Has Slid Below $50. What an Insider Filing Does and Doesn't Tell You

GlobalFoundries director Marc Antaki sold 1,671 shares at $49.02 per share on July 29, 2026, to cover tax withholding obligations from vesting restricted stock units. The sale is non-discretionary and routine, but reflects the stock's recent decline from the high $50s. The company reported expanding gross margins to 29% in Q2 driven by higher-value communications and automotive work, though risks include smartphone market softness and customer concentration.