Globalstar, Inc. Insider Trading Activity

Globalstar, Inc. VP & Chief Financial Officer Rebecca Clary reported two transactions in Voting Common Stock.

Rhea-AI Filing Summary

Globalstar, Inc. VP & Chief Financial Officer Rebecca Clary reported two transactions in Voting Common Stock. On April 14, 2026, she acquired 9,524 shares at $0.00 per share as a grant earned upon vesting of a performance share award granted on March 27, 2025. On April 15, 2026, she sold 4,037 shares at a volume-weighted average price of $79.85 per share, with the sale executed under a mandatory sell-to-cover program to satisfy taxes due on the vesting. Following the sale, she directly held 115,741 shares of Globalstar common stock.

Insider Trade Summary

Net Seller: 4,037 shares

Net Sell 2 txns

Insider Clary Rebecca

Role VP & Chief Financial Officer

Sold 4,037 shs ($322K)

Type	Security	Shares	Price	Value
Sale	Voting Common Stock	4,037	$79.85	$322K
Grant/Award	Voting Common Stock	9,524	$0.00	$0.00

Holdings After Transaction: Voting Common Stock — 115,741 shares (Direct)

Footnotes (3)

1. F1. Represents shares earned upon the vesting of a portion of a performance share award granted on March 27, 2025.
2. F2. Shares sold to cover taxes due upon the vesting of a performance share award in accordance with a mandatory sell-to-cover program maintained by the registrant.
3. F3. The shares were sold in multiple transactions at prices ranging from $79.7100 to $80.0800 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.

Key Figures

Award shares vested: 9,524 shares Award grant price: $0.00 per share Shares sold for taxes: 4,037 shares +2 more

5 metrics

Award shares vested 9,524 shares Performance share award vested on April 14, 2026

Award grant price $0.00 per share Grant/award acquisition for vested performance shares

Shares sold for taxes 4,037 shares Tax-related sale on April 15, 2026

VWAP sale price $79.85 per share Volume-weighted average for multiple trades between $79.71 and $80.08

Shares held after transactions 115,741 shares Direct Globalstar common stock holdings after April 15, 2026 sale

Key Terms

performance share award, mandatory sell-to-cover program, volume weighted average price, Voting Common Stock

4 terms

performance share award financial

"Represents shares earned upon the vesting of a portion of a performance share award granted on March 27, 2025."

A performance share award is a type of executive or employee pay that grants company stock only if predefined performance goals are met over a set period. Think of it as a bonus paid in shares—similar to a savings payout that arrives only if certain targets are hit—so it aligns management incentives with company results and can affect future share count and shareholder value. Investors watch these awards because they influence executive behavior, potential dilution of shares, and signals about expected performance.

mandatory sell-to-cover program financial

"Shares sold to cover taxes due upon the vesting of a performance share award in accordance with a mandatory sell-to-cover program maintained by the registrant."

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.

Voting Common Stock financial

"security_title: "Voting Common Stock""

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/15/2026 - 05:27 PM EDT Learn about SEC filing dates

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

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^*

Clary Rebecca

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP & Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Voting Common Stock	04/14/2026		A(1)		9,524	A	$0	119,778	D
Voting Common Stock	04/15/2026		S(2)		4,037	D	$79.85(3)	115,741	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

Explanation of Responses:

1. Represents shares earned upon the vesting of a portion of a performance share award granted on March 27, 2025.

2. Shares sold to cover taxes due upon the vesting of a performance share award in accordance with a mandatory sell-to-cover program maintained by the registrant.

3. The shares were sold in multiple transactions at prices ranging from $79.7100 to $80.0800 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 Rebecca Clary	04/15/2026
	** 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).
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)