Globalstar officer Taylor proposes $7.76M share sale

Available on EDGAR 11/12/2026 - 05:01 PM EST Accepted by SEC EDGAR 11/12/2026 - 05:01 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Globalstar, Inc. (GSAT) officer Timothy E. Taylor reported a proposed sale of 90,000 common shares, with an approximate sale date of November 12, 2026, and an aggregate market value of $7,763,083.06. UBS Financial Services Inc. is named as broker. The notice lists 129,619,359 common shares outstanding.

The notice also lists two prior sales by Timothy Taylor: 75,000 shares on August 12, 2026, for gross proceeds of $6,232,382, and 75,000 shares on August 13, 2026, for $6,207,421. It reports that the shares covered by the proposed sale were acquired from Thermo Funding II LLC in a private transaction on May 27, 2021; the amount acquired was 17,500,000 shares.

Key Figures

Proposed sale: 90,000 shares Aggregate market value: $7,763,083.06 Shares outstanding: 129,619,359 shares +5 more

8 metrics

Proposed sale 90,000 shares Approximate sale date November 12, 2026

Aggregate market value $7,763,083.06 Proposed sale

Shares outstanding 129,619,359 shares Common shares outstanding as listed in the notice

Shares acquired 17,500,000 shares Acquired May 27, 2021, from Thermo Funding II LLC in a private transaction

Prior sale 75,000 shares August 12, 2026; gross proceeds of $6,232,382

Gross proceeds $6,232,382 Sale on August 12, 2026

Prior sale 75,000 shares August 13, 2026; gross proceeds of $6,207,421

Gross proceeds $6,207,421 Sale on August 13, 2026

Key Terms

Aggregate Market Value, Gross Proceeds, Private Transaction

3 terms

Aggregate Market Value financial

"Aggregate Market Value of 7763083.06"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

Gross Proceeds financial

"Amount of Securities Sold | Gross Proceeds"

The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.

Private Transaction financial

"Nature of Acquisition Transaction | Private Transaction"

A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many GSAT shares does Timothy E. Taylor propose to sell?

Taylor reported a proposed sale of 90,000 common shares, with an approximate sale date of November 12, 2026, and an aggregate market value of $7,763,083.06. UBS Financial Services Inc. is named as broker.

What recent GSAT sales by Timothy Taylor are listed?

The notice lists a sale of 75,000 shares on August 12, 2026, for gross proceeds of $6,232,382, and a sale of 75,000 shares on August 13, 2026, for gross proceeds of $6,207,421.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001764225
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Globalstar Inc.
SEC File Number	001-33117
Address of Issuer	1351 Holiday Square Blvd Covington LOUISIANA 70433
Phone	9853351503
Name of Person for Whose Account the Securities are To Be Sold	Timothy E. Taylor
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	90000	7763083.06	129619359	11/12/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	05/27/2021	Private Transaction	Thermo Funding II LLC			17500000	05/27/2021	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Timothy Taylor 2412 Fisher Island Drive Miami Beach FL 33109	GSAT	08/12/2026	75000	6232382
Timothy Taylor 2412 Fisher Island Drive Miami Beach FL 33109	GSAT	08/13/2026	75000	6207421

144: Remarks and Signature

Remarks
Date of Notice	11/12/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/JOSEPH CASSIDY, for UBS Financial Services Inc, as attorney-in-fact for Timothy E. Taylor
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)