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
  1. Award of Restricted Stock under Globalstar, Inc.'s Equity Incentive Plan, which vested immediately upon the grant.
  2. Shares sold to cover taxes due upon the vesting of restricted stock.
  3. 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.
  4. 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.