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Insider plans sale of 4,037 GSAT shares after vesting (NASDAQ: GSAT)

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

Rhea-AI Filing Summary

GSAT reported a Form 144 filing reporting the planned resale of 4,037 shares of Common Stock that vested as restricted stock on 04/14/2026. The filing also lists recent dispositions by Rebecca S. Clary of 1,210 shares on 03/03/2026 for $73,924.95, 351 shares on 03/10/2026 for $19,438.00, and 762 shares on 03/11/2026 for $43,668.47.

Positive

  • None.

Negative

  • None.

Insights

Form 144 shows an insider resale tied to recent vesting and prior small disposals.

The filing lists a planned resale of 4,037 common shares that vested as restricted stock on 04/14/2026. Prior reported sales by Rebecca S. Clary total 2,323 shares across March 2026 with disclosed proceeds.

These entries are routine compliance filings documenting resale intent after vesting; cashflow treatment and sales timing are matters for the selling holder and are not specified in the excerpt.

Planned resale 4,037 shares Restricted stock vesting on 04/14/2026
Disposition on 03/03/2026 1,210 shares Proceeds <money>$73,924.95</money>
Disposition on 03/10/2026 351 shares Proceeds <money>$19,438.00</money>
Disposition on 03/11/2026 762 shares Proceeds <money>$43,668.47</money>
Form 144 regulatory
"Form 144 filing reporting intended resales and recent dispositions"
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
"Restricted Stock Vesting noted with 4,037 shares on 04/14/2026"
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.
Proceeds financial
"Disclosed proceeds for March 2026 dispositions (e.g., $73,924.95)"

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 mean?

It reports a holder intends to resell 4,037 shares of common stock vested as restricted stock on 04/14/2026. The form notifies the market of an intended resale, with exact sale timing and execution not included in the excerpt.

Who reported prior sales in the filing for GSAT?

Rebecca S. Clary reported three dispositions totaling 2,323 shares in March 2026. The sales occurred on 03/03/2026, 03/10/2026, and 03/11/2026 with disclosed proceeds for each transaction.

How much cash did Rebecca S. Clary receive from recent GSAT sales?

The filing lists proceeds of $73,924.95 for 1,210 shares, $19,438.00 for 351 shares, and $43,668.47 for 762 shares. Those amounts are shown next to each March 2026 disposal.

Are the 4,037 shares already sold for GSAT?

No. The Form 144 entry describes an intended resale of 4,037 shares that vested on 04/14/2026. The filing documents intent to sell; actual transaction dates or confirmations are not provided in the excerpt.