Globalstar (NASDAQ: GSAT) director lines up new stock sale after August trades

Rhea-AI Filing Summary

Globalstar, Inc. (GSAT) director Benjamin G. Wolff filed a Form 144 indicating an intention to sell 19,998 shares of Globalstar common stock on or after August 27, 2026, through Muriel Siebert & Co., with the shares acquired from option exercises as compensation from the issuer. The notice also lists several recent sales of Globalstar common stock by Wolff during the prior three months.

Key Figures

Shares to be sold: 19,998 shares Aggregate market value of securities listed: $1,639,436.04 Shares outstanding: 129,563,390 shares +3 more

6 metrics

Shares to be sold 19,998 shares Planned sale of Globalstar common stock by director Benjamin G. Wolff on or after August 27, 2026

Aggregate market value of securities listed $1,639,436.04 Value associated with 19,998 shares of Globalstar common stock in the Form 144 securities information section

Shares outstanding 129,563,390 shares Globalstar common stock shares outstanding referenced in the Form 144

Shares sold on August 11, 2026 24,000 shares for $2,004,909.60 Prior sale of Globalstar common stock by Benjamin G. Wolff during the past three months

Shares sold on August 12, 2026 32,711 shares for $2,721,071.07 Prior sale of Globalstar common stock by Benjamin G. Wolff during the past three months

Shares sold on August 21, 2026 19,998 shares for $1,644,101.57 Prior sale of Globalstar common stock by Benjamin G. Wolff during the past three months

Key Terms

Form 144, Rule 144, Option Exercises, attorney-in-fact

4 terms

Form 144 regulatory

"144: Filer Information"

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.

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Option Exercises financial

"Common | 08/27/2026 | Option Exercises | Issuer"

attorney-in-fact regulatory

"Signature | /s/ Kelly C. Simoneaux, attorney-in-fact for Benjamin G. Wolff"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does the Form 144 filing by GSAT director Benjamin G. Wolff disclose?

It discloses that Benjamin G. Wolff, a director of Globalstar, Inc. (GSAT), intends to sell 19,998 shares of Globalstar common stock on or after August 27, 2026, with the shares acquired via option exercises as compensation from the issuer.

How many GSAT shares does Benjamin G. Wolff plan to sell under this Form 144?

Benjamin G. Wolff plans to sell 19,998 shares of Globalstar, Inc. (GSAT) common stock. The planned sale date listed is August 27, 2026, and the broker named is Muriel Siebert & Co.

What prior GSAT share sales by Benjamin G. Wolff are reported in the last three months?

The filing reports three prior Globalstar (GSAT) sales: 24,000 shares on August 11, 2026 for $2,004,909.60; 32,711 shares on August 12, 2026 for $2,721,071.07; and 19,998 shares on August 21, 2026 for $1,644,101.57.

How were the GSAT shares to be sold by Benjamin G. Wolff acquired?

The Globalstar (GSAT) shares covered by this Form 144 were acquired by option exercises, with the nature of acquisition stated as Compensation from the issuer.

What aggregate market value and shares outstanding are referenced for GSAT in this Form 144?

The Form 144 references an aggregate market value of $1,639,436.04 for the securities listed and notes 129,563,390 shares of Globalstar common stock outstanding, with the securities listed for trading on NASDAQ.

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Available on EDGAR 08/27/2026 - 05:30 PM Accepted by SEC EDGAR 08/27/2026 - 05:29 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001368618
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Globalstar, Inc.
SEC File Number	001-33117
Address of Issuer	1351 HOLIDAY SQUARE BLVD., COVINGTON, LOUISIANA 70433
Phone	985-335-1500
Name of Person for Whose Account the Securities are To Be Sold	Wolff Benjamin G
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Muriel Siebert & Co. 18045 Oak Street Omaha NE 68130	19998	1639436.04	129563390	08/27/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/27/2026	Option Exercises	Issuer			19998	08/27/2026	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Benjamin G. Wolff 1351 Holiday Square Blvd. Covington LA 70433	Common	08/11/2026	24000	2004909.60
Benjamin G. Wolff 1351 Holiday Square Blvd. Covington LA 70433	Common	08/12/2026	32711	2721071.07
Benjamin G. Wolff 1351 Holiday Square Blvd. Covington LA 70433	Common	08/21/2026	19998	1644101.57

144: Remarks and Signature

Remarks
Date of Notice	08/27/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Kelly C. Simoneaux, attorney-in-fact for Benjamin G. Wolff
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)