GSAT (GSAT) insider files to sell 4,720 shares after recent 12,045-share sale
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.
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Key Figures
Shares to be sold: 4,720 shares
Shares sold in past 3 months: 12,045 shares
Aggregate value of recent sale: $1,000,340.74
+2 more
5 metrics
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
Key Terms
Form 144, Restricted Stock Vesting, Compensation, Securities Sold During The Past 3 Months
4 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.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.