Globalstar planned sale of 56,711 shares disclosed

A holder of Globalstar common stock filed a notice of intent to sell up to 56,711 shares held at Morgan Stanley.

Rhea-AI Filing Summary

A holder of Globalstar common stock filed a notice of intent to sell up to 56,711 shares held at Morgan Stanley. The planned sale, listed for 08/10/2026 on NASDAQ, is tied to shares with an aggregate market value of 4,729,697.40.

Key Figures

Shares to be sold: 56,711 shares Aggregate market value: 4,729,697.40 Proposed sale date: 08/10/2026 +2 more

5 metrics

Shares to be sold 56,711 shares Maximum Globalstar common shares covered by the planned sale

Aggregate market value 4,729,697.40 Aggregate market value of the 56,711 Globalstar common shares

Proposed sale date 08/10/2026 Proposed date for sale of Globalstar common shares on NASDAQ

Open market purchase 7,091 shares Open market purchase of Globalstar common shares on 12/27/2019 using personal funds

Restricted stock vesting 6,168 shares Restricted stock vesting of Globalstar common shares on 01/02/2020 as compensation

Key Terms

Form 144, Open Market Purchase, Restricted Stock Vesting

3 terms

Form 144 regulatory

"144: Securities To Be Sold"

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.

Open Market Purchase financial

"Common | 12/02/2019 | Open Market Purchase | Open Market"

An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.

Restricted Stock Vesting financial

"Common | 01/02/2020 | Restricted Stock Vesting | Issuer"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

FAQ

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

What does the GSAT Form 144 filing disclose?

The filing discloses a proposed sale of up to 56,711 Globalstar (GSAT) common shares through Morgan Stanley, with an aggregate market value of 4,729,697.40, and indicates NASDAQ as the trading market for the planned transaction.

How many GSAT shares are planned to be sold under this notice?

The notice covers a proposed sale of up to 56,711 Globalstar (GSAT) common shares. This represents the maximum amount indicated under the securities-to-be-sold section for trading on NASDAQ as of the stated proposed sale date.

What is the aggregate market value of the GSAT shares in this planned sale?

The planned sale involves Globalstar (GSAT) shares with an aggregate market value of 4,729,697.40. This amount corresponds to the 56,711 common shares identified in the filing’s securities information section for NASDAQ trading.

When is the proposed sale date for the GSAT shares in this filing?

The proposed sale date for the Globalstar (GSAT) common shares is listed as 08/10/2026. This date appears in the securities information section associated with the planned disposition of 56,711 shares on NASDAQ.

What prior GSAT share transactions are referenced in this Form 144?

The filing references multiple prior Globalstar (GSAT) transactions, including open market purchases funded with personal funds and several restricted stock vesting events from the issuer between 2019 and 2026 as part of compensation.

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

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Accepted by SEC EDGAR 08/10/2026 - 06:02 PM EDT 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	0001368618
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	Wolff Benjamin G
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	Director

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	Morgan Stanley One New York Plaza 8th Floor New York NY 10004	56711	4729697.40	129563390	08/10/2026	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	12/02/2019	Open Market Purchase	Open Market			1133	12/02/2019	Personal Funds
Common	12/03/2019	Open Market Purchase	Open Market			300	12/03/2019	Personal Funds
Common	12/12/2019	Open Market Purchase	Open Market			1300	12/12/2019	Personal Funds
Common	12/13/2019	Open Market Purchase	Open Market			333	12/13/2019	Personal Funds
Common	12/16/2019	Open Market Purchase	Open Market			333	12/16/2019	Personal Funds
Common	12/27/2019	Open Market Purchase	Open Market			7091	12/27/2019	Personal Funds
Common	01/02/2020	Restricted Stock Vesting	Issuer			6168	01/02/2020	Compensation
Common	05/18/2021	Restricted Stock Vesting	Issuer			3333	05/18/2021	Compensation
Common	01/04/2022	Restricted Stock Vesting	Issuer			9764	01/04/2022	Compensation
Common	05/10/2022	Restricted Stock Vesting	Issuer			3333	05/10/2022	Compensation
Common	09/09/2022	Open Market Purchase	Open Market			667	09/09/2022	Personal Funds
Common	09/12/2022	Open Market Purchase	Open Market			533	09/12/2022	Personal Funds
Common	09/13/2022	Open Market Purchase	Open Market			346	09/13/2022	Personal Funds
Common	01/03/2023	Restricted Stock Vesting	Issuer			2564	01/03/2023	Compensation
Common	01/04/2023	Restricted Stock Vesting	Issuer			2874	01/04/2023	Compensation
Common	05/10/2023	Restricted Stock Vesting	Issuer			3333	05/10/2023	Compensation
Common	05/10/2024	Restricted Stock Vesting	Issuer			3333	05/10/2024	Compensation
Common	01/02/2025	Restricted Stock Vesting	Issuer			1783	01/02/2025	Compensation
Common	05/10/2025	Restricted Stock Vesting	Issuer			3334	05/10/2025	Compensation
Common	01/06/2026	Restricted Stock Vesting	Issuer			1522	01/06/2026	Compensation
Common	05/08/2026	Restricted Stock Vesting	Issuer			3334	05/08/2026	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	08/10/2026
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/ Kelly C. Simoneaux, attorney-in-fact for Benjamin G. Wolff
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)