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  4. [Form 4] Globalstar, Inc. Insider Trading Activity

Globalstar (GSAT) VP’s affiliated LLC sells 150,000 shares of voting stock

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Globalstar, Inc. director and officer Timothy Evan Taylor reported indirect sales of Voting Common Stock held by Thermo Investments III, LLC. The entity sold 75,000 shares on August 12, 2026 at a volume‑weighted average price of $83.1502 per share and another 75,000 shares on August 13, 2026 at a volume‑weighted average price of $82.8174, each in multiple transactions within disclosed price ranges. Taylor also reports 255,467 shares of Voting Common Stock held directly after the August 12, 2026 entry.

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Insights

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Insider Taylor Timothy Evan
Role VP, Finance & Operations
Sold 150,000 shs ($12.45M)
Type Security Shares Price Value
Sale Voting Common Stock F2 75,000 $82.8174 $6.21M
Sale Voting Common Stock F1 75,000 $83.1502 $6.24M
holding Voting Common Stock -- -- --
Holdings After Transaction: Voting Common Stock — 170,244 shares (Indirect, By Thermo Investments III, LLC); Voting Common Stock — 255,467 shares (Direct)
Footnotes (2)
  1. F1. The shares were sold in multiple transactions at prices ranging from $83.0000 to $83.3300 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  2. F2. The shares were sold in multiple transactions at prices ranging from $82.5000 to $83.3450 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Shares sold 2026-08-12 75,000 shares Indirect sale of Voting Common Stock by Thermo Investments III, LLC on August 12, 2026
VWAP 2026-08-12 $83.1502 per share Volume weighted average sale price for 75,000 shares on August 12, 2026
Price range 2026-08-12 $83.0000–$83.3300 per share Range of prices for multiple sale transactions on August 12, 2026
Shares sold 2026-08-13 75,000 shares Indirect sale of Voting Common Stock by Thermo Investments III, LLC on August 13, 2026
VWAP 2026-08-13 $82.8174 per share Volume weighted average sale price for 75,000 shares on August 13, 2026
Price range 2026-08-13 $82.5000–$83.3450 per share Range of prices for multiple sale transactions on August 13, 2026
Direct holdings after transaction 255,467 shares Voting Common Stock held directly by Timothy Evan Taylor as of August 12, 2026
Voting Common Stock financial
"The security title for the reported transactions is Voting Common Stock."
indirect financial
"The reported sales were made as indirect ownership by Thermo Investments III, LLC."
volume weighted average price financial
"The price reported reflects the volume weighted average price for the transactions."
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.

FAQ

What insider transaction did Globalstar (GSAT) report for Timothy Evan Taylor?
Timothy Evan Taylor reported indirect sales of Globalstar Voting Common Stock by Thermo Investments III, LLC totaling 150,000 shares over August 12–13, 2026, plus an updated direct holding position.

How many Globalstar (GSAT) shares were sold in this Form 4 filing?
The filing reports 150,000 shares of Voting Common Stock sold indirectly, split into 75,000 shares on August 12, 2026 and 75,000 shares on August 13, 2026, all held through Thermo Investments III, LLC.

At what prices were the Globalstar (GSAT) shares sold by Thermo Investments III, LLC?
On August 12, 2026 the volume weighted average price was $83.1502 per share, with trades between $83.0000 and $83.3300. On August 13, 2026 the average was $82.8174, with trades between $82.5000 and $83.3450.

Are the Globalstar (GSAT) shares in this Form 4 held directly by Timothy Evan Taylor?
The 150,000 shares sold were held indirectly through Thermo Investments III, LLC. Separately, Taylor reports 255,467 shares of Voting Common Stock held directly as of August 12, 2026.

What is Timothy Evan Taylor’s role at Globalstar (GSAT)?
Timothy Evan Taylor is identified as a director and as an officer of Globalstar, serving as VP, Finance & Operations, in addition to being associated with Thermo Investments III, LLC for the reported indirect holdings.

Does the Form 4 for Globalstar (GSAT) indicate a Rule 10b5-1 trading plan?
The filing’s Rule 10b5‑1 affirmation checkbox is not checked (set to false), and the footnotes describe price ranges and volume weighted average prices but do not state that a trading plan governed these transactions.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Taylor Timothy Evan
(Last)(First)(Middle)
1351 HOLIDAY SQUARE BLVD
(Street)
COVINGTON LOUISIANA 70433
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Globalstar, Inc. [ GSAT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
VP, Finance & Operations
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Voting Common Stock08/12/2026S75,000D$83.1502(1)245,244IBy Thermo Investments III, LLC
Voting Common Stock08/13/2026S75,000D$82.8174(2)170,244IBy Thermo Investments III, LLC
Voting Common Stock255,467D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares were sold in multiple transactions at prices ranging from $83.0000 to $83.3300 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
2. The shares were sold in multiple transactions at prices ranging from $82.5000 to $83.3450 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Remarks:
Kelly C. Simoneaux, attorney-in-fact for Timothy E. Taylor08/13/2026
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR