Globalstar (NASDAQ: GSAT) director gets stock, options grant award

Rhea-AI Filing Summary

Globalstar director William A. Hasler reported new equity awards. On January 5, 2026, he received 780 shares of voting common stock as restricted stock under Globalstar’s equity incentive plan, which vest on January 5, 2027.

He was also granted stock options for 6,666 shares of voting common stock at an exercise price of $64.08 per share. These options vest in one-third annual installments on January 5 of 2027, 2028, and 2029. Following these awards, he directly owns 62,213 shares of common stock and 6,666 stock options.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HASLER WILLIAM A

(Last) (First) (Middle)

1351 HOLIDAY SQUARE BLVD.

(Street)

COVINGTON LA 70433

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Globalstar, Inc. [ GSAT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Voting Common Stock	01/05/2026		A(1)		780	A	$0	62,213	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$64.08	01/05/2026		A		6,666		01/05/2027(2)	01/05/2036	Voting Common Stock	6,666	$0	6,666	D

Explanation of Responses:

1. Represents an award of restricted stock under the Issuer's Equity Incentive Plan. The awarded shares vest on January 5, 2027.

2. Represents an award of stock options under the Issuer's Equity Incentive Plan. The options vest in one-third annual increments on each of January 5, 2027, 2028 and 2029.

Remarks:

	Kelly C. Simoneaux, attorney-in-fact for William A. Hasler	01/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Globalstar (GSAT) report for William A. Hasler?

The filing shows that director William A. Hasler received an award of 780 shares of voting common stock and 6,666 stock options under Globalstar’s equity incentive plan on January 5, 2026.

How many Globalstar (GSAT) shares did the director receive and on what terms?

He received 780 shares of voting common stock as restricted stock, at a reported transaction price of $0, with the shares vesting on January 5, 2027.

What are the details of the Globalstar (GSAT) stock options granted to the director?

He was granted 6,666 stock options (Right to Buy) with an exercise price of $64.08 per share. The options vest in one-third annual increments on January 5, 2027, January 5, 2028, and January 5, 2029.

How many Globalstar (GSAT) shares does William A. Hasler own after these awards?

After the reported transactions, he directly owns 62,213 shares of voting common stock and 6,666 stock options in Globalstar.

Is the Globalstar (GSAT) director an officer or 10% owner?

The filing identifies William A. Hasler as a director of Globalstar and indicates he is not an officer and not a 10% owner.

How were these Globalstar (GSAT) equity awards structured under the incentive plan?

The 780 shares are described as an award of restricted stock that fully vests on January 5, 2027, while the 6,666 options are an award of stock options that vest over three years in equal annual installments starting January 5, 2027.