[Form 4] Globalstar, Inc. Insider Trading Activity

Globalstar, Inc. General Counsel Ponder L. Barbee IV reported two recent stock transactions in Voting Common Stock.

Rhea-AI Filing Summary

Globalstar, Inc. General Counsel Ponder L. Barbee IV reported two recent stock transactions in Voting Common Stock. On March 10, 2026, he acquired 1,395 restricted shares at $0.00 per share as an award of restricted stock in partial payment of his 2025 annual bonus, and these shares vested immediately upon grant.

On March 11, 2026, he sold 682 shares in open-market transactions to cover taxes due upon the vesting of the restricted stock. The shares were sold in multiple trades at prices ranging from $57.13 to $57.66 per share, resulting in a reported volume-weighted average price of $57.3077. Following these transactions, he directly holds 143,348 shares of Globalstar Voting Common Stock.

Insider Trade Summary

Net Seller: 682 shares

Net Sell 2 txns

Insider Ponder L Barbee IV

Role General Counsel

Sold 682 shs ($39K)

Type	Security	Shares	Price	Value
Sale	Voting Common Stock	682	$57.3077	$39K
Grant/Award	Voting Common Stock	1,395	$0.00	$0.00

Holdings After Transaction: Voting Common Stock — 143,348 shares (Direct)

Footnotes (3)

1. F1. Award of Restricted Stock in partial payment of annual bonus for 2025, which shares vested immediately upon the grant.
2. F2. Shares sold to cover taxes due upon the vesting of restricted stock.
3. F3. The shares were sold in multiple transactions at prices ranging from $57.1300 to $57.6600 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

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What insider transactions did Globalstar (GSAT) report for Ponder L. Barbee IV?

Globalstar’s General Counsel Ponder L. Barbee IV received 1,395 restricted shares as part of his 2025 bonus, then sold 682 shares in open-market trades to cover taxes related to that vesting, leaving him with 143,348 directly held shares.

How many Globalstar (GSAT) shares does the General Counsel hold after these transactions?

After the reported grant and tax-related sale, General Counsel Ponder L. Barbee IV directly holds 143,348 shares of Globalstar Voting Common Stock. This figure reflects his position following the 1,395-share restricted stock award and the 682-share sale to cover tax obligations.

Was the Globalstar (GSAT) insider share sale a discretionary sale or tax-related?

The 682-share sale by Globalstar’s General Counsel was tax-related. Footnotes state the shares were sold specifically to cover taxes due upon vesting of restricted stock granted as part of his 2025 annual bonus, indicating a mechanistic transaction tied to compensation.

At what prices did the Globalstar (GSAT) insider sell shares to cover taxes?

The 682 Globalstar shares were sold in multiple transactions at prices ranging from $57.13 to $57.66 per share. The reported price per share of $57.3077 represents the volume-weighted average across those trades, as disclosed in the transaction footnotes.

What compensation-related stock award did Globalstar (GSAT) grant to its General Counsel?

Globalstar granted its General Counsel an award of 1,395 shares of restricted stock as partial payment of his 2025 annual bonus. According to the disclosure, these restricted shares vested immediately upon grant and carried a reported acquisition price of $0.00 per share.

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

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Accepted by SEC EDGAR 03/12/2026 - 04:52 PM 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)
03/10/2026

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	03/10/2026		A(1)		1,395	A	$0	144,030	D
Voting Common Stock	03/11/2026		S(2)		682	D	$57.3077(3)	143,348	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. Award of Restricted Stock in partial payment of annual bonus for 2025, which shares vested immediately upon the grant.

2. Shares sold to cover taxes due upon the vesting of restricted stock.

3. The shares were sold in multiple transactions at prices ranging from $57.1300 to $57.6600 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	03/12/2026
	** 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.
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