Filing Details
- Accession Number:
- 0001366868-25-000044
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-03-12 17:47:58
- Reporting Period:
- 2025-03-10
- Filing Date:
- 2025-03-12
- Accepted Time:
- 2025-03-12 17:47:58
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1366868 | Globalstar Inc. | GSAT | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1191310 | E Paul Jacobs | 1351 Holiday Square Blvd Covington LA 70433 | Chief Executive Officer | Yes | 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 | 2025-03-10 | 13,806 | $0.00 | 19,461 | No | 4 | A | Direct | |
Voting Common Stock | Disposition | 2025-03-12 | 7,087 | $22.15 | 12,374 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Voting Common Stock | 209,546 | Indirect | By Virewirx, Inc. (f/k/a XCOM Labs, Inc.) |
Voting Common Stock | 1,116,400 | Indirect | By Trust |
Footnotes
- Award of Restricted Stock under Globalstar, Inc.'s Equity Incentive Plan, which vested immediately upon the grant.
- Shares sold to cover taxes due upon the vesting of restricted stock.
- The shares were sold in multiple transactions at prices ranging from $22.0301 to $22.3001 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.
- 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.