James Monroe III - 28 Mar 2025 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
Director, 10%+ Owner
Signature
Kelly C. Simoneaux, attorney-in-fact for James Monroe III
Issuer symbol
GSAT
Transactions as of
28 Mar 2025
Transactions value $
$4,718,976
Form type
4
Filing time
28 Mar 2025, 17:30:25 UTC
Previous filing
24 Mar 2025
Next filing
12 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Purchase $4.72M +210K +36.09% $22.52* 790K 28 Mar 2025 Thermo XCOM LLC F1, F2
holding GSAT Voting Common Stock 13.1M 28 Mar 2025 Thermo Funding Company
holding GSAT Voting Common Stock 947K 28 Mar 2025 By Thermo Properties II, LLC
holding GSAT Voting Common Stock 42.7K 28 Mar 2025 By FL Investment Holdings LLC
holding GSAT Voting Common Stock 58.7M 28 Mar 2025 Thermo Funding II LLC
holding GSAT Voting Common Stock 200K 28 Mar 2025 Monroe Irr. Educational Trust
holding GSAT Voting Common Stock 13.3K 28 Mar 2025 By Thermo Investments Limited Partnership
holding GSAT Voting Common Stock 41.2K 28 Mar 2025 By Globalstar Satellite L.P.
holding GSAT Voting Common Stock 1.96K 28 Mar 2025 By James Monroe III Grantor Trust
holding GSAT Voting Common Stock 45.1K 28 Mar 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares purchased from Virewirx, Inc. (f/k/a XCom Labs, Inc.) ("XCom") in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended, which shares were acquired by XCom as consideration under the Support Services Agreement and related Intellectual Property License Agreement as more fully described in the Issuer's Current Report on Form 8-K filed with the Commission August 31, 2023.
F2 Represents the closing price of Issuer's common stock on March 27, 2025.