Globalstar director sells 19,998 shares at $81.98

Q: What insider transactions did GSAT director Benjamin G. Wolff report on August 27, 2026?

Benjamin G. Wolff reported exercising stock options for 19,998 shares of Globalstar voting common stock and selling 19,998 shares on August 27, 2026. The options had strike prices between $17.40 and $32.85 per share, and the sale used a $81.98 volume weighted average price.

Q: How many GSAT shares did Benjamin G. Wolff sell and at what price?

He sold 19,998 shares of Globalstar voting common stock at a volume weighted average price of $81.98 per share, with individual trade prices ranging from $81.7301 to $82.1400 per share, as disclosed in the Form 4 footnote.

Q: What stock options did Benjamin G. Wolff exercise in this GSAT Form 4?

He exercised stock options covering 6,666 shares at $17.40, 6,666 shares at $19.50, 4,444 shares at $28.05, and 2,222 shares at $32.85 per share, all for Globalstar voting common stock.

Q: Were the GSAT insider transactions made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5‑1 checkbox is not marked as affirmative. The Form 4 does not state that the reported Globalstar transactions were executed pursuant to a Rule 10b5‑1 trading plan.

Q: How did Globalstar’s reverse stock split affect the Form 4 figures for GSAT?

The Form 4 states that all share amounts and exercise prices are adjusted for Globalstar’s 1‑for‑15 reverse stock split that became effective on February 10, 2025, so the reported option strikes and share counts are post‑split values.

Q: What is Benjamin G. Wolff’s role at Globalstar (GSAT) in this Form 4?

Benjamin G. Wolff is identified as a director of Globalstar, Inc. in the Form 4. He is not listed as an officer or 10% owner in this particular filing.

Globalstar, Inc. (GSAT) director Benjamin G. Wolff reported option exercises and a same‑day stock sale on August 27, 2026.

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Rhea-AI Filing Summary

Globalstar, Inc. (GSAT) director Benjamin G. Wolff reported option exercises and a same‑day stock sale on August 27, 2026. He exercised stock options for an aggregate 19,998 shares of voting common stock at strike prices of $17.40, $19.50, $28.05, and $32.85 per share, then sold 19,998 shares at a volume weighted average price of $81.98 per share. Share and exercise prices reflect Globalstar’s 1‑for‑15 reverse stock split effective February 10, 2025.

Insider Trade Summary

Exercise and Sale: 19,998 shares ($1.20M approx. pre-tax spread)

Exercise and Sale 9 txns

Insider Wolff Benjamin G

Role Director

Sold 19,998 shs ($1.64M)

Approx. gross sale proceeds $1.64M

Approx. exercise cost $444K

Approx. pre-tax spread $1.20M

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	4,444	$0.00	$0.00
Exercise	Stock Option (Right to Buy) ^F5	2,222	$0.00	$0.00
Exercise	Voting Common Stock	6,666	$17.40	$116K
Exercise	Voting Common Stock	6,666	$19.50	$130K
Exercise	Voting Common Stock	4,444	$28.05	$125K
Exercise	Voting Common Stock	2,222	$32.85	$73K
Sale	Voting Common Stock ^F1	19,998	$81.98	$1.64M

Holdings After Transaction: Stock Option (Right to Buy) — 6,666 contracts (Direct); Voting Common Stock — 4,116 shares (Direct)

Footnotes (5)

F1. The shares were sold in multiple transactions at prices ranging from $81.7301 to $82.1400 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.
F2. Award vested and became exercisable as to one third on each of January 4, 2023, January 4, 2024 and January 4, 2025.
F3. Award vested and became exercisable as to one third on each of January 3, 2024, January 3, 2025 and January 3, 2026.
F4. Award vests and becomes exercisable as to one third on each of January 2, 2025, 2026, and 2027.
F5. Award vests and becomes exercisable as to one third on each of January 6, 2026, 2027, and 2028.

Key Figures

Shares sold: 19,998 shares Sale volume weighted average price: $81.98 per share Option exercise shares: 19,998 shares +2 more

5 metrics

Shares sold 19,998 shares Voting common stock sale on August 27, 2026

Sale volume weighted average price $81.98 per share VWAP for 19,998-share sale, prices ranged $81.7301–$82.1400

Option exercise shares 19,998 shares Aggregate underlying voting common stock from four option exercises on August 27, 2026

Option exercise prices $17.40, $19.50, $28.05, $32.85 per share Strike prices for exercised stock options adjusted for 1-for-15 reverse split

Reverse stock split ratio 1-for-15 Globalstar reverse stock split effective February 10, 2025, used to adjust Form 4 figures

Key Terms

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

4 terms

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.

reverse stock split financial

"reflect the Issuer's 1 for 15 reverse stock spilt effected on February 10, 2025."

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.

Stock Option (Right to Buy) financial

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

voting common stock financial

"underlying_security_title": "Voting Common Stock""

FAQ

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

What insider transactions did GSAT director Benjamin G. Wolff report on August 27, 2026?

Benjamin G. Wolff reported exercising stock options for 19,998 shares of Globalstar voting common stock and selling 19,998 shares on August 27, 2026. The options had strike prices between $17.40 and $32.85 per share, and the sale used a $81.98 volume weighted average price.

How many GSAT shares did Benjamin G. Wolff sell and at what price?

He sold 19,998 shares of Globalstar voting common stock at a volume weighted average price of $81.98 per share, with individual trade prices ranging from $81.7301 to $82.1400 per share, as disclosed in the Form 4 footnote.

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

He exercised stock options covering 6,666 shares at $17.40, 6,666 shares at $19.50, 4,444 shares at $28.05, and 2,222 shares at $32.85 per share, all for Globalstar voting common stock.

Were the GSAT insider transactions made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5‑1 checkbox is not marked as affirmative. The Form 4 does not state that the reported Globalstar transactions were executed pursuant to a Rule 10b5‑1 trading plan.

How did Globalstar’s reverse stock split affect the Form 4 figures for GSAT?

The Form 4 states that all share amounts and exercise prices are adjusted for Globalstar’s 1‑for‑15 reverse stock split that became effective on February 10, 2025, so the reported option strikes and share counts are post‑split values.

What is Benjamin G. Wolff’s role at Globalstar (GSAT) in this Form 4?

Benjamin G. Wolff is identified as a director of Globalstar, Inc. in the Form 4. He is not listed as an officer or 10% owner in this particular filing.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 08/28/2026 - 05:10 PM EDT Accepted by SEC EDGAR 08/28/2026 - 05:09 PM EDT

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)
08/27/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Voting Common Stock	08/27/2026		M		6,666	A	$17.4	10,782	D
Voting Common Stock	08/27/2026		M		6,666	A	$19.5	17,448	D
Voting Common Stock	08/27/2026		M		4,444	A	$28.05	21,892	D
Voting Common Stock	08/27/2026		M		2,222	A	$32.85	24,114	D
Voting Common Stock	08/27/2026		S		19,998	D	$81.98⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$17.4	08/27/2026		M			6,666	⁽²⁾	01/04/2032	Voting Common Stock	6,666	$0	0	D
Stock Option (Right to Buy)	$19.5	08/27/2026		M			6,666	⁽³⁾	01/03/2033	Voting Common Stock	6,666	$0	0	D
Stock Option (Right to Buy)	$28.05	08/27/2026		M			4,444	⁽⁴⁾	01/02/2034	Voting Common Stock	4,444	$0	2,222	D
Stock Option (Right to Buy)	$32.85	08/27/2026		M			2,222	⁽⁵⁾	01/06/2035	Voting Common Stock	2,222	$0	4,444	D

Explanation of Responses:

1. The shares were sold in multiple transactions at prices ranging from $81.7301 to $82.1400 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 January 4, 2023, January 4, 2024 and January 4, 2025.

3. Award vested and became exercisable as to one third on each of January 3, 2024, January 3, 2025 and January 3, 2026.

4. Award vests and becomes exercisable as to one third on each of January 2, 2025, 2026, and 2027.

5. Award vests and becomes exercisable as to one third on each of January 6, 2026, 2027, and 2028.

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	08/28/2026
	** 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)

Source: View Original Filing on SEC EDGAR