Insider awards at Globalstar (GSAT): VP granted stock and options

Rhea-AI Filing Summary

Globalstar (GSAT) director and VP, Finance & Operations Timothy Evan Taylor reported new equity awards. On January 5, 2026, he received 780 shares of voting common stock at a grant price of $0, described as restricted stock under the company’s equity incentive plan, which will vest on January 5, 2027.

He was also granted a stock option for 6,666 shares of voting common stock with a $64.08 exercise price. These options vest in three equal annual installments on January 5, 2027, 2028 and 2029 and expire on January 5, 2036. Following these awards, Taylor held 250,824 shares of voting common stock directly and 320,244 shares indirectly through Thermo Investments III, LLC.

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^*

Taylor Timothy Evan

(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
X	Officer (give title below)		Other (specify below)
	VP, Finance & Operations

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	250,824	D
Voting Common Stock								320,244	I	By Thermo Investments III, LLC

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 Timothy E. Taylor	01/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** 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 transactions did Globalstar (GSAT) report for Timothy Evan Taylor?

The filing shows that Timothy Evan Taylor received an award of 780 shares of voting common stock and a stock option for 6,666 shares, both granted on January 5, 2026 under Globalstar’s equity incentive plan.

What are the vesting terms of Timothy Taylor’s Globalstar (GSAT) restricted stock award?

The 780 shares of voting common stock are described as restricted stock and will vest in full on January 5, 2027, assuming the vesting conditions in the equity incentive plan are satisfied.

How do the Globalstar (GSAT) stock options granted to Timothy Taylor vest?

The stock option for 6,666 shares vests in one-third annual increments on January 5, 2027, January 5, 2028 and January 5, 2029, with an expiration date of January 5, 2036 and a $64.08 exercise price.

How many Globalstar (GSAT) shares does Timothy Taylor own after these transactions?

After the reported awards, Timothy Taylor beneficially owned 250,824 shares of voting common stock directly, plus 320,244 shares indirectly through Thermo Investments III, LLC.

What is Timothy Taylor’s role at Globalstar (GSAT) as reported in the filing?

The filing identifies Timothy Evan Taylor as both a director and an officer of Globalstar, serving as VP, Finance & Operations.

Were any of Timothy Taylor’s Globalstar (GSAT) holdings reported as indirect?

Yes. The filing reports 320,244 shares of voting common stock held indirectly, noted as being held by Thermo Investments III, LLC.