Filing Details

Accession Number:
0001366868-25-000036
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-03-11 17:43:08
Reporting Period:
2025-03-07
Filing Date:
2025-03-11
Accepted Time:
2025-03-11 17:43:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1366868 Globalstar Inc. GSAT Communications Services, Nec (4899) 412116508
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1571391 Rebecca Clary 1351 Holiday Square Blvd.
Covington LA 70433
Vp & Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Voting Common Stock Acquisiton 2025-03-07 2,165 $0.00 100,660 No 4 A Direct
Voting Common Stock Disposition 2025-03-11 349 $21.71 100,311 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Footnotes
  1. Award of Restricted Stock under the Issuer's 2006 Equity Incentive Plan (as amended and restated). 1/3rd of the awarded shares vested immediately on the grant date. 1/3 of the awarded shares will vest on the first anniversary of the grant date and 1/3rd of the awarded shares will vest on the second anniversary of the grant date.
  2. The shares were sold in multiple transactions at prices ranging from $21.50 to $21.90 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.
  3. The number of shares of voting common stock reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock spilt effected on February 10, 2025.