STOCK TITAN
  1. Home
  2. Sec-filings
  3. GSAT
  4. [Form 4] Globalstar, Inc. Insider Trading Activity

Globalstar (GSAT) General Counsel sells 4,720 shares at $83.52 average price

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Globalstar, Inc. General Counsel Ponder L Barbee IV reported a sale of 4,720 shares of Voting Common Stock on 2026-08-11 in an open market or private transaction. The volume-weighted average sale price was $83.5237 per share, with prices ranging from $83.51 to $83.555. Following this transaction, the reporting person directly holds 126,583 shares of Globalstar common stock.

Positive

  • None.

Negative

  • None.
Insider Ponder L Barbee IV
Role General Counsel
Sold 4,720 shs ($394K)
Type Security Shares Price Value
Sale Voting Common Stock F1 4,720 $83.5237 $394K
Holdings After Transaction: Voting Common Stock — 126,583 shares (Direct)
Footnotes (1)
  1. F1. The shares were sold in multiple transactions at prices ranging from $83.51 to $83.555 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:
Shares sold 4,720 shares Voting Common Stock sold on 2026-08-11
Average sale price $83.5237 per share Volume weighted average sale price for the 4,720 shares
Post-transaction holdings 126,583 shares Direct ownership after the 2026-08-11 sale
Sale price range low $83.51 per share Lowest price among multiple sale transactions on 2026-08-11
Sale price range high $83.555 per share Highest price among multiple sale transactions on 2026-08-11
Voting Common Stock financial
"Security title reported as Voting Common Stock in the transaction."
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.
open market or private transaction financial
"Transaction code S described as Sale in open market or private transaction."

FAQ

What insider transaction did Globalstar (GSAT) report for Ponder L Barbee IV?
Globalstar’s General Counsel, Ponder L Barbee IV, reported selling 4,720 shares of Voting Common Stock on 2026-08-11. The transaction was classified as a sale in an open market or private transaction, according to the Form 4 filing.

At what price were the GSAT shares sold by the Globalstar General Counsel?
The reported sale used a volume weighted average price of $83.5237 per share. Footnotes state the shares were sold in multiple trades at prices ranging from $83.51 to $83.555 per share, all on 2026-08-11.

How many Globalstar (GSAT) shares does Ponder L Barbee IV hold after the reported sale?
After selling 4,720 shares, Ponder L Barbee IV directly holds 126,583 shares of Globalstar Voting Common Stock. This figure reflects the ownership position immediately following the 2026-08-11 transaction disclosed in the Form 4.

Was the Globalstar (GSAT) insider sale made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and no footnote states that the transaction was executed under a trading plan. The sale is therefore reported without any disclosed 10b5-1 plan arrangement.

What does the Form 4 footnote say about the GSAT sale prices?
The footnote explains the shares were sold in multiple transactions between $83.51 and $83.555 per share. The $83.5237 figure in the Form 4 is described as the volume weighted average price across those individual trades.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
Ponder L Barbee IV
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2026		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 Stock08/11/2026S4,720D$83.5237(1)126,583D
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 $83.51 to $83.555 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:
Remarks:
Kelly C. Simoneaux, attorney-in-fact for L. Barbee Ponder IV08/11/2026
** 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