Rebecca Clary - 14 Nov 2025 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Signature
Kelly C. Simoneaux, attorney-in-fact for Rebecca Clary
Issuer symbol
GSAT
Transactions as of
14 Nov 2025
Net transactions value
-$1,023,897
Form type
4
Filing time
17 Nov 2025, 18:36:47 UTC
Previous filing
12 Nov 2025
Next filing
01 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Clary Rebecca VP & Chief Financial Officer 1351 HOLIDAY SQUARE BLVD., COVINGTON Kelly C. Simoneaux, attorney-in-fact for Rebecca Clary 17 Nov 2025 0001571391

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Sale $72,278 -1,188 -1% $60.84 114,690 14 Nov 2025 Direct F1
transaction GSAT Voting Common Stock Sale $951,619 -16,316 -14% $58.32 98,374 17 Nov 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 26, 2025.
F2 Shares sold to cover taxes due upon the vesting of a 3-year restricted stock award previously reported on a Form 4 on November 18, 2022 in accordance with a mandatory sell-to-cover program maintained by the registrant.
F3 The shares were sold in multiple transactions at prices ranging from $57.66 to $58.85 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.