Paul E. Jacobs - 24 Sep 2025 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: GSAT
Reported as of: 24 Sep 2025
Net transaction value: -$1,869,086
SEC form: 4
Accepted by SEC: 25 Sep 2025, 17:52:55 UTC
Prior SEC filing: 19 May 2025
Next SEC filing: 07 Jan 2026
Source filing: View source filing
Reporting owner signature: Kelly C. Simoneaux, attorney-in-fact for Paul E. Jacobs

Key filing fact

Paul E. Jacobs filed Form 4 for Globalstar, Inc. (GSAT) on 25 Sep 2025.

Key facts

This page summarizes Paul E. Jacobs's Form 4 filing for Globalstar, Inc. (GSAT).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 25 Sep 2025, 17:52.

Change

Previous filing in this sequence was filed on 19 May 2025.
Current net transaction value: -$1,869,086.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001191310 Primary reporting owner

JACOBS PAUL E

Relationship: Chief Executive Officer, Director
Address: 1351 HOLIDAY SQUARE BLVD, COVINGTON
Signature: Kelly C. Simoneaux, attorney-in-fact for Paul E. Jacobs
Signature date: 25 Sep 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GSAT transaction

Voting Common Stock

Options Exercise

Transaction value: $0
Shares: +100,000
Change %: +808%
Price: $0.000000
Shares after: 112,374
Date: 24 Sep 2025
Ownership: Direct
Footnotes: F1

GSAT transaction

Voting Common Stock

Sale

Transaction value: $1,869,086
Shares: -53,479
Change %: -48%
Price: $34.95
Shares after: 58,895
Date: 25 Sep 2025
Ownership: Direct
Footnotes: F2, F3

GSAT holding

Voting Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,116,400
Date: 24 Sep 2025
Ownership: By Trust

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GSAT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -100,000
Change %: -3.7%
Price: $0.000000
Shares after: 2,594,599
Date: 24 Sep 2025
Ownership: Direct
Underlying class: Voting Common Stock
Underlying amount: 100,000
Exercise price
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Vesting of a portion of performance-based restricted stock units ("RSUs") granted on 9/25/2023.

Footnote F2

Shares sold to cover taxes due upon the vesting of a performance share award in accordance with a mandatory sell-to-cover program maintained by the registrant.

Footnote F3

The shares were sold in multiple transactions at prices ranging from $34.6699 to $35.2601 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.

Footnote F4

Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in tranches upon the Issuer's common stock achieving certain price thresholds based on the 60-day weighted average closing price per share. The number of shares has been adjusted to reflect the Issuer's 1 for 15 reverse stock spilt effected on February 10, 2025.