Globalstar (GSAT) GC sells 9,790 shares to cover RSU taxes

Globalstar, Inc. (GSAT) reported an insider transaction by its General Counsel, L. Barbee Ponder IV.

Rhea-AI Filing Summary

Globalstar, Inc. (GSAT) reported an insider transaction by its General Counsel, L. Barbee Ponder IV. On 11/17/2025, he sold 9,790 shares of voting common stock at a volume-weighted average price of $58.3243 per share in multiple trades within a range of $57.66 to $58.85. These shares were sold to cover taxes due on the vesting of a previously reported 3-year restricted stock award under a mandatory sell-to-cover program maintained by the company.

Following this tax-related sale, he beneficially owns 135,658 shares of Globalstar common stock, held directly.

Insider Trade Summary

Net Seller: 9,790 shares

Net Sell 1 txn

Insider Ponder L Barbee IV

Role General Counsel

Sold 9,790 shs ($571K)

Type	Security	Shares	Price	Value
Sale	Voting Common Stock	9,790	$58.3243	$571K

Holdings After Transaction: Voting Common Stock — 135,658 shares (Direct)

Footnotes (2)

1. F1. Shares sold to cover taxes due upon the vesting of a 3-year restricted stock award previously reported on a Form 4 on November 18, 2022 in accordance with a mandatory sell-to-cover program maintained by the registrant.
2. F2. The shares were sold in multiple transactions at prices ranging from $57.66 to $58.85 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.

FAQ

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

What insider transaction did Globalstar (GSAT) report in this Form 4?

The filing reports that Globalstar’s General Counsel, L. Barbee Ponder IV, sold 9,790 shares of voting common stock on 11/17/2025.

Who is the reporting person in the Globalstar (GSAT) Form 4 and what is their role?

The reporting person is L. Barbee Ponder IV, who serves as General Counsel of Globalstar, Inc.

Why did the Globalstar (GSAT) insider sell 9,790 shares?

The 9,790 shares were sold to cover taxes due upon the vesting of a 3-year restricted stock award under a mandatory sell-to-cover program maintained by Globalstar.

At what price were the Globalstar (GSAT) shares sold in this Form 4 transaction?

The shares were sold in multiple trades at prices ranging from $57.66 to $58.85 per share, with a volume-weighted average price of $58.3243 per share.

How many Globalstar (GSAT) shares does the insider own after this transaction?

After the reported transaction, the insider beneficially owns 135,658 shares of Globalstar voting common stock, held directly.

Does the Globalstar (GSAT) Form 4 involve any derivative securities?

No derivative securities are reported in the provided portion of the Form 4; only a sale of voting common stock is disclosed.

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

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Accepted by SEC EDGAR 11/17/2025 - 06:37 PM EST 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^*

Ponder L Barbee IV

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025

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	11/17/2025		S		9,790(1)	D	$58.3243(2)	135,658	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. Shares sold to cover taxes due upon the vesting of a 3-year restricted stock award previously reported on a Form 4 on November 18, 2022 in accordance with a mandatory sell-to-cover program maintained by the registrant.

2. The shares were sold in multiple transactions at prices ranging from $57.66 to $58.85 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 L. Barbee Ponder IV	11/17/2025
	** 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.