GSAT (NASDAQ: GSAT) files Form 144 reporting 4,066 vested shares
Filing Impact
Filing Sentiment
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.
Key Figures
Planned sale (vested restricted): 4,066 shares
Recent sales by Rebecca S. Clary: 6,330 shares
Sale proceeds listed (example transaction): $322,354.45
+2 more
5 metrics
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
Key Terms
Form 144, Restricted Stock Vesting, Shares outstanding
3 terms
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.
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.
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.
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.