Globalstar director sells 19,998 shares at $82

For Globalstar, Inc. (GSAT), director Benjamin G. Wolff reported option exercises and a related share sale on August 21, 2026.

Rhea-AI Filing Summary

For Globalstar, Inc. (GSAT), director Benjamin G. Wolff reported option exercises and a related share sale on August 21, 2026. He exercised three stock option grants, each for 6,666 shares of voting common stock at exercise prices of $7.05, $8.106, and $5.079 per share, acquiring a total of 19,998 shares. That same day, he sold 19,998 shares of voting common stock at a volume weighted average price of $82.2133 per share, in multiple transactions between $82.20 and $82.26. All share amounts and prices reflect Globalstar’s 1-for-15 reverse stock split effective February 10, 2025. The filing does not indicate use of a Rule 10b5‑1 trading plan.

Insider Trade Summary

Exercise and Sale: 19,998 shares ($1.51M approx. pre-tax spread)

Exercise and Sale 7 txns

Insider Wolff Benjamin G

Role Director

Sold 19,998 shs ($1.64M)

Approx. gross sale proceeds $1.64M

Approx. exercise cost $135K

Approx. pre-tax spread $1.51M

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy) F2	6,666	$0.00	$0.00
Exercise	Stock Option (Right to Buy) F3	6,666	$0.00	$0.00
Exercise	Stock Option (Right to Buy) F4	6,666	$0.00	$0.00
Exercise	Voting Common Stock	6,666	$7.05	$47K
Exercise	Voting Common Stock	6,666	$8.106	$54K
Exercise	Voting Common Stock	6,666	$5.079	$34K
Sale	Voting Common Stock F1	19,998	$82.2133	$1.64M

Holdings After Transaction: Stock Option (Right to Buy) — 0 contracts (Direct); Voting Common Stock — 4,116 shares (Direct)

Footnotes (4)

1. F1. The shares were sold in multiple transactions at prices ranging from $82.2 to $82.26 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. Award vested and became exercisable as to one third on each of December 27, 2019, December 27, 2020 and December 27, 2021.
3. F3. Award vested and became exercisable as to one third on each of January 2, 2021, January 2, 2022 and January 2, 2023.
4. F4. Award vested and became exercisable as to one third on each of January 2, 2022, January 2, 2023 and January 2, 2024.

Key Figures

Shares sold: 19,998 shares Sale price (VWAP): $82.2133 per share Exercise price: $7.05 per share +5 more

8 metrics

Shares sold 19,998 shares Voting Common Stock sold on August 21, 2026

Sale price (VWAP) $82.2133 per share Volume weighted average price for sales on August 21, 2026

Exercise price $7.05 per share Stock option for 6,666 shares of Voting Common Stock

Exercise price $8.106 per share Stock option for 6,666 shares of Voting Common Stock

Exercise price $5.079 per share Stock option for 6,666 shares of Voting Common Stock

Options exercised 19,998 shares Total underlying Voting Common Stock from three option exercises

Reverse stock split ratio 1-for-15 Reverse stock split effective February 10, 2025

Option expiration dates December 27, 2028; January 2, 2030; January 2, 2031 Expiration dates for the three exercised option awards

Key Terms

Stock Option (Right to Buy), volume weighted average price, reverse stock split

3 terms

Stock Option (Right to Buy) financial

"security_title "Stock Option (Right to Buy)""

volume weighted average price financial

"The price reported reflects the volume weighted average price"

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.

reverse stock split financial

"reflect the Issuer's 1 for 15 reverse stock spilt"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Benjamin G. Wolff report in this Form 4 for GSAT?

He exercised options for 19,998 shares of Globalstar voting common stock and sold 19,998 shares on August 21, 2026, in transactions linked to those option exercises.

How many Globalstar (GSAT) shares did Wolff sell and at what price?

He sold 19,998 shares of Globalstar voting common stock at a volume weighted average price of $82.2133 per share, with individual trades ranging from $82.20 to $82.26.

What stock options did Wolff exercise in this GSAT Form 4?

He exercised three stock option grants for 6,666 shares each, at exercise prices of $7.05, $8.106, and $5.079 per share, all for voting common stock.

Were the GSAT share amounts adjusted for a reverse stock split?

Yes. The filing states that all share counts and exercise prices are adjusted for Globalstar’s 1-for-15 reverse stock split that was effected on February 10, 2025.

Was the GSAT Form 4 transaction under a Rule 10b5-1 trading plan?

No. The document-level checkbox indicates no Rule 10b5‑1 trading plan applied to these reported transactions.

When do the exercised Globalstar stock options expire?

The exercised options had expiration dates of December 27, 2028; January 2, 2030; and January 2, 2031, as disclosed for the respective stock option awards.

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

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Available on EDGAR 08/24/2026 - 05:28 PM EDT Accepted by SEC EDGAR 08/24/2026 - 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^*

Wolff Benjamin G

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026

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	08/21/2026		M		6,666	A	$7.05	10,782	D
Voting Common Stock	08/21/2026		M		6,666	A	$8.106	17,448	D
Voting Common Stock	08/21/2026		M		6,666	A	$5.079	24,114	D
Voting Common Stock	08/21/2026		S		19,998	D	$82.2133(1)	4,116	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)	$7.05	08/21/2026		M			6,666	(2)	12/27/2028	Voting Common Stock	6,666	$0	0	D
Stock Option (Right to Buy)	$8.106	08/21/2026		M			6,666	(3)	01/02/2030	Voting Common Stock	6,666	$0	0	D
Stock Option (Right to Buy)	$5.079	08/21/2026		M			6,666	(4)	01/02/2031	Voting Common Stock	6,666	$0	0	D

Explanation of Responses:

1. The shares were sold in multiple transactions at prices ranging from $82.2 to $82.26 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. Award vested and became exercisable as to one third on each of December 27, 2019, December 27, 2020 and December 27, 2021.

3. Award vested and became exercisable as to one third on each of January 2, 2021, January 2, 2022 and January 2, 2023.

4. Award vested and became exercisable as to one third on each of January 2, 2022, January 2, 2023 and January 2, 2024.

Remarks:

The number of shares of voting common stock and exercise prices reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock spilt effected on February 10, 2025.

	Kelly C. Simoneaux, attorney-in-fact for Benjamin G. Wolff	08/24/2026
	** 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)