Globalstar insider plans sale of 75,000 shares

Globalstar, Inc. (GSAT) reports a planned sale of 75,000 shares of common stock through UBS Financial Services Inc., with an aggregate market value of $6,222,750 and listing on Nasdaq.

Rhea-AI Filing Summary

Globalstar, Inc. (GSAT) reports a planned sale of 75,000 shares of common stock through UBS Financial Services Inc., with an aggregate market value of $6,222,750 and listing on Nasdaq. The filing also shows that 17,500,000 shares of common stock were acquired on 05/27/2021 in a private transaction from Thermo Funding II LLC, and that Timothy Taylor sold 75,000 shares of common stock on 08/12/2026 for gross proceeds of $6,236,265.

Key Figures

Planned shares to be sold: 75,000 shares Aggregate market value of planned sale: $6,222,750 Shares acquired in 2021 private transaction: 17,500,000 shares +1 more

4 metrics

Planned shares to be sold 75,000 shares Common stock to be sold through UBS Financial Services Inc.

Aggregate market value of planned sale $6,222,750 Value of 75,000 GSAT common shares planned for sale

Shares acquired in 2021 private transaction 17,500,000 shares Common stock acquired on 05/27/2021 from Thermo Funding II LLC

Recent sale proceeds $6,236,265 Gross proceeds from sale of 75,000 shares on 08/12/2026 by Timothy Taylor

Key Terms

Form 144, private transaction, aggregate market value

3 terms

Form 144 regulatory

"Filer Information | | | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

private transaction financial

"Common Stock | 05/27/2021 | Private Transaction | Thermo Funding II LLC"

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.

aggregate market value financial

"Common Stock | UBS Financial Services Inc ... | 75000 | 6222750"

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.

FAQ

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

What does the GSAT Form 144 filing disclose about planned stock sales?

The filing discloses a planned sale of 75,000 shares of Globalstar (GSAT) common stock through UBS Financial Services Inc. The shares have an aggregate market value of $6,222,750 and are listed for trading on Nasdaq.

How many GSAT shares were previously acquired, according to this Form 144?

The document shows an acquisition of 17,500,000 GSAT common shares on 05/27/2021 in a private transaction from Thermo Funding II LLC. The acquisition date and source are explicitly identified in the disclosure.

What recent GSAT stock sale by Timothy Taylor is reported?

Timothy Taylor is reported to have sold 75,000 shares of Globalstar common stock on 08/12/2026, with gross proceeds of $6,236,265. This transaction is listed under securities sold during the past three months.

Which broker is involved in the planned GSAT share sale?

UBS Financial Services Inc., located at 1000 Harbor Blvd, Weehawken, NJ, is listed as the broker for the planned sale of 75,000 GSAT shares. The transaction involves Globalstar common stock traded on Nasdaq.

What is the aggregate market value of GSAT shares planned to be sold?

The aggregate market value of the 75,000 GSAT common shares planned for sale is reported as $6,222,750. This amount reflects the value of the shares included in the current planned disposition.

What type of transaction was used to acquire GSAT shares from Thermo Funding II LLC?

The acquisition of 17,500,000 GSAT shares from Thermo Funding II LLC on 05/27/2021 is described as a private transaction. Both the nature of the acquisition and the counterparty are specified.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/13/2026 - 04:09 PM Accepted by SEC EDGAR 08/13/2026 - 04:07 PM Learn about SEC filing dates

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	985-335-1500
Name of Person for Whose Account the Securities are To Be Sold	Timothy 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	75000	6222750	129563390	08/13/2026	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	NA

* 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 Dr Miami Beach FL 33109	Common Stock	08/12/2026	75000	6236265

144: Remarks and Signature

Remarks
Date of Notice	08/13/2026
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/Mijo Suric, for UBS Financial Services Inc, as attorney-in-fact for Timothy Taylor
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)