STOCK TITAN

GSAT (GSAT) insider files to sell 4,720 shares after recent 12,045-share sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

GSAT reporting person L. Barbee Ponder IV filed to sell up to 4,720 shares of common stock through Cetera Investment Services on or after August 11, 2026 on NASDAQ. These shares were acquired via restricted stock vesting grants between 2017 and 2025 as compensation.

The filing also notes a prior sale during the last three months of 12,045 shares of common stock on August 7, 2026 for an aggregate value of $1,000,340.74.

Positive

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Negative

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Shares to be sold 4,720 shares Planned sale of GSAT common stock on or after August 11, 2026
Shares sold in past 3 months 12,045 shares GSAT common stock sold on August 7, 2026
Aggregate value of recent sale $1,000,340.74 Aggregate value for 12,045 GSAT shares sold on August 7, 2026
Shares outstanding 129,563,390 shares GSAT common stock outstanding referenced in the Form 144
Broker line value $394,231.86 Value associated with the 4,720 GSAT shares to be sold
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.
Restricted Stock Vesting financial
"Common | 12/14/2017 | 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.
Compensation financial
"06/14/2021 | Restricted Stock Vesting | Issuer | | | 1878 | 06/14/2021 | Compensation"
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months"

FAQ

What does the GSAT Form 144 filing by L. Barbee Ponder IV disclose?

The filing discloses an intent to sell 4,720 GSAT common shares acquired through restricted stock vesting between 2017 and 2025, with sales to be executed via Cetera Investment Services on or after August 11, 2026 on NASDAQ.

How many GSAT shares are planned to be sold under this Form 144?

The Form 144 covers a proposed sale of 4,720 GSAT common shares. These shares come from multiple restricted stock vesting events over several years and are to be sold through broker Cetera Investment Services on or after August 11, 2026.

What prior GSAT stock sales are reported in the last 3 months?

The filing reports a prior sale of 12,045 GSAT common shares on August 7, 2026 with an aggregate value of $1,000,340.74. This transaction is listed under securities sold during the past three months by L. Barbee Ponder IV.

How were the GSAT shares in this Form 144 originally acquired?

All 4,720 GSAT shares in this Form 144 were acquired through Restricted Stock Vesting as compensation from the issuer. Vesting dates range from 2017 through 2025, reflecting multiple grants that have now fully or partially vested.

Which broker will handle the planned GSAT share sales?

The planned sales of 4,720 GSAT shares will be handled by Cetera Investment Services, located in St. Cloud, Minnesota. The shares are expected to be sold on NASDAQ on or after August 11, 2026, per the Form 144 disclosure.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature