Filing Details

Accession Number:
0001366868-25-000055
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-03-28 17:29:41
Reporting Period:
2025-03-28
Filing Date:
2025-03-28
Accepted Time:
2025-03-28 17:29:41
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 Disposition 2025-03-28 209,546 $22.52 0 No 4 S Indirect By Virewirx, Inc. (f/k/a XCOM Labs, Inc.)
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Virewirx, Inc. (f/k/a XCOM Labs, Inc.)
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Voting Common Stock 1,116,400 Indirect By Trust
Voting Common Stock 12,374 Direct
Footnotes
  1. Represents shares sold by Virewirx, Inc. (f/k/a XCom Labs, Inc.) ("XCom") in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended, to an affiliate of the Thermo Companies, which are controlled by James Monroe, III, the Issuer's Executive Chairman. Such shares were acquired by XCom as consideration under the Support Services Agreement and related Intellectual Property License Agreement as more fully described in the Issuer's Current Report on Form 8-K filed with the Commission on August 31, 2023.
  2. Represents the closing price of Issuer's common stock on March 27, 2025.