STOCK TITAN

GSAT (NASDAQ: GSAT) files Form 144 reporting 4,066 vested shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

GSAT files a Form 144 reporting planned sales of 4,066 shares of common stock by an issuer-related holder. The filing lists a Restricted Stock Vesting event for 4,066 shares on 04/27/2026 and prior open-market dispositions by Rebecca S. Clary totaling 6,330 shares across March–April 2026. Shares outstanding are shown as 128,591,126 as of 04/28/2026.

Positive

  • None.

Negative

  • None.
Planned sale (vested restricted) 4,066 shares Restricted Stock Vesting on 04/27/2026
Recent sales by Rebecca S. Clary 6,330 shares Aggregate of 1,210; 351; 762; 4,037 shares sold on 03/03/2026–04/15/2026
Sale proceeds listed (example transaction) $322,354.45 Proceeds from 4,037-share sale on 04/15/2026
Sale proceeds listed (other example) $73,924.95 Proceeds from 1,210-share sale on 03/03/2026
Shares outstanding 128,591,126 shares As of 04/28/2026
Form 144 regulatory
"Common | Muriel Seibert & Co. ... NASDAQ 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 | 04/27/2026 | 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.
Shares outstanding financial
"128591126 | 04/28/2026 | NASDAQ"
Shares outstanding are the total number of a company’s stock units held by all shareholders, including institutional investors and company insiders — think of them as the total number of slices of the company’s ownership pie. Investors use this number to calculate how much of the company each share represents, and it directly affects per-share measures like earnings per share, ownership percentage and valuation; when the slice count changes, an investor’s claim and the company’s per-share metrics change too.

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

FAQ

What does GSAT's Form 144 report?

It reports planned sales of 4,066 vested restricted shares. The notice records a Restricted Stock Vesting on 04/27/2026 for 4,066 shares and prior market sales by Rebecca S. Clary in March–April 2026.

How many shares were sold by Rebecca S. Clary in the past three months?

Rebecca S. Clary sold a total of 6,330 shares across four transactions. The filing lists sales of 1,210; 351; 762; and 4,037 shares on 03/03/2026, 03/10/2026, 03/11/2026, and 04/15/2026 respectively.

When did the restricted stock vest according to the Form 144?

The restricted shares vested on 04/27/2026. The filing identifies a Restricted Stock Vesting event dated 04/27/2026 for 4,066 common shares attributed to the issuer.

What is GSAT's reported shares outstanding in this filing?

Shares outstanding are listed as 128,591,126 as of 04/28/2026. That figure appears on the issuer information line tied to the filing's 04/28/2026 date.

Does the Form 144 indicate who will receive proceeds from the sale?

The filing lists the issuer-related vesting as the source; proceeds treatment is not detailed. The entry shows the 4,066 shares tied to a Restricted Stock Vesting event attributed to the issuer but does not specify proceeds allocation.