UBS Group AG - 21 Feb 2025 Form 4 Insider Report for Global Star Acquisition Inc. (GLST)

Role
10%+ Owner
Signature
Andrew Johnson
Issuer symbol
GLST
Transactions as of
21 Feb 2025
Net transactions value
-$768
Form type
4
Filing time
25 Feb 2025, 17:14:10 UTC
Previous filing
24 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLST Common Stock Sale $768 -100 -1% $7.68 9,501 21 Feb 2025 By Subsidiary(1)(2) F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

UBS Group AG is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 This Statement is filed jointly by UBS Group AG for the benefit and on behalf of UBS Securities LLC a wholly owned subsidiary of UBS Group
F2 UBS Group AG UBS,involuntarily became a 10 percent beneficial owner of GLST shares through no affirmative act of UBS. More specifically, a corporate action undertaken outside of UBSs control substantially reduced the issuers total shares outstanding, thereby increasing the beneficial ownership percentage of UBS s holding above the 10 percent threshold. While UBS temporarily was a 10 percent beneficial owner of GLST shares, all transactions executed by UBS were sales, resulting in no short swing profits.
F3 For complete transaction details, please refer to the file GLSTtable attached