Globalstar (GSAT) director Wolff receives 3,333 restricted shares in equity grant

Rhea-AI Filing Summary

Wolff Benjamin G reported acquisition or exercise transactions in this Form 4 filing.

Globalstar, Inc. director Benjamin G. Wolff reported an equity compensation grant in the form of restricted Voting Common Stock. He received 3,333 shares at no cash cost under the company’s Equity Incentive Plan, increasing his direct holdings to 60,827 shares after the award.

The awarded restricted shares are scheduled to vest on May 11, 2027, meaning they are subject to continued service or other plan conditions until that date. This filing reflects a routine compensation-related share award rather than an open-market stock purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Wolff Benjamin G

Role null

Type	Security	Shares	Price	Value
Grant/Award	Voting Common Stock	3,333	$0.00	--

Holdings After Transaction: Voting Common Stock — 60,827 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock award: 3,333 shares Holdings after transaction: 60,827 shares Grant price per share: $0.00 per share +1 more

4 metrics

Restricted stock award 3,333 shares Grant of Voting Common Stock on May 11, 2026

Holdings after transaction 60,827 shares Total Voting Common Stock directly held after award

Grant price per share $0.00 per share Equity award under Equity Incentive Plan, non-cash

Vesting date May 11, 2027 Restricted stock award vesting schedule

Key Terms

restricted stock, Equity Incentive Plan, Voting Common Stock

3 terms

restricted stock financial

"Represents an award of restricted stock under the Issuer's Equity Incentive Plan."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Equity Incentive Plan financial

"Represents an award of restricted stock under the Issuer's Equity Incentive Plan."

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

Voting Common Stock financial

"security_title: Voting Common Stock"

Form 4 Insider Transactions: What Each Field Means →

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)
05/11/2026

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	05/11/2026		A(1)		3,333	A	$0	60,827	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. Represents an award of restricted stock under the Issuer's Equity Incentive Plan. The awarded shares vest on May 11, 2027

Remarks:

	Kelly C. Simoneaux, attorney-in-fact for Benjamin G. Wolff	05/21/2026
	** 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)

FAQ

What insider transaction did Globalstar (GSAT) director Benjamin Wolff report?

Director Benjamin G. Wolff reported receiving 3,333 shares of restricted Voting Common Stock as an equity award. The shares were granted at no cash cost and represent routine stock-based compensation rather than an open-market purchase or sale.

How many Globalstar (GSAT) shares does Benjamin Wolff hold after this Form 4?

After this restricted stock award, Benjamin G. Wolff directly holds 60,827 shares of Globalstar Voting Common Stock. This total reflects his position immediately following the 3,333-share equity grant reported in the Form 4 insider filing.

When do Benjamin Wolff’s new Globalstar (GSAT) restricted shares vest?

The 3,333 restricted shares awarded to Benjamin G. Wolff are scheduled to vest on May 11, 2027. Until that vesting date, the award remains subject to the terms and conditions of Globalstar’s Equity Incentive Plan, including any service requirements.

Was Benjamin Wolff’s Globalstar (GSAT) Form 4 a market buy or sell?

The Form 4 does not report a market buy or sell. It shows an acquisition coded as a grant or award of 3,333 restricted shares under Globalstar’s Equity Incentive Plan, with no transaction price per share, indicating compensation rather than trading activity.

What type of security did Benjamin Wolff receive from Globalstar (GSAT)?

Benjamin G. Wolff received Voting Common Stock in the form of restricted shares. The 3,333-share award was granted under Globalstar’s Equity Incentive Plan and vests on May 11, 2027, aligning his compensation more closely with shareholder interests over time.