Globalstar (GSAT) Form 144 Filed for $159K Sale of Vested Shares

Rhea-AI Filing Summary

Form 144 filed for Globalstar, Inc. (GSAT) reports a proposed insider sale of 5,359 common shares, with an aggregate market value of $159,457.58, to be executed through Muriel Siebert & Co. on 09/15/2025 on NASDAQ. The shares were acquired by the selling person on 09/09/2025 upon equity award vesting and were paid as compensation. The filer reports no other sales in the prior three months and represents no undisclosed material information. This notice furnishes standard Rule 144 sale details including broker, acquisition date, and relationship to the issuer.

Insights

Financial Analyst

TL;DR: Routine insider sale of newly vested awards; size appears immaterial to company capitalization.

The filing documents a planned sale of 5,359 shares valued at $159,457.58, executed shortly after vesting. Relative to the reported outstanding shares (126,672,742), the block represents a de minimis fraction of equity, implying negligible direct market impact. The sale follows company equity compensation procedures and is routed through a registered broker, indicating compliance with transfer and disclosure rules. No recent prior sales were reported.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; affirms insider attestation about material nonpublic information.

The form includes standard attestations that the seller is not aware of undisclosed material adverse information and notes the securities arose from equity award vesting. Filing the Form 144 before the proposed sale date and listing broker details demonstrates procedural compliance. Absent larger or repeated insider disposals, this filing does not by itself signal governance concerns.

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	Muriel Siebert & Co. 18045 Oak Street Omaha NE 68130	5359	159457.58	126672742	09/15/2025	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	09/09/2025	Equity Award Vesting	Issuer			5359	09/09/2025	Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What securities does the Form 144 for GSAT report?

The filing reports a proposed sale of 5,359 common shares of Globalstar, Inc.

When were the shares acquired and how were they obtained?

The shares were acquired on 09/09/2025 through equity award vesting and were paid as compensation.

What is the aggregate market value and planned sale date?

Aggregate market value is $159,457.58 with an approximate sale date of 09/15/2025 on NASDAQ via Muriel Siebert & Co.

Does the filer report any securities sold in the past three months?

No. The filing states Nothing to Report for securities sold during the past three months.

How material is this sale relative to Globalstar's outstanding shares?

The filing lists 126,672,742 shares outstanding; the proposed sale is a small fraction of that total.