Globalstar CFO sells 920 shares in planned trade

Globalstar, Inc. reported that its VP & Chief Financial Officer, Rebecca Clary, completed an open-market sale of 920 shares of Voting Common Stock at $81.75 per share.

Rhea-AI Filing Summary

Globalstar, Inc. reported that its VP & Chief Financial Officer, Rebecca Clary, completed an open-market sale of 920 shares of Voting Common Stock at $81.75 per share. After this transaction, she directly holds 120,278 shares.

The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person on June 26, 2025, indicating the trade was scheduled in advance rather than timed discretionarily.

Insights

Equity compensation & insider-trading analyst

Small 10b5-1 planned sale; CFO retains a large stake.

The filing shows Globalstar’s CFO Rebecca Clary executed an open-market sale of 920 Voting Common shares at $81.75 each. Post-transaction, she still directly owns 120,278 shares, so the sale represents a small fraction of her disclosed holdings.

The transaction occurred under a Rule 10b5-1 trading plan adopted on June 26, 2025, meaning it was pre-scheduled. Such planned sales are typically viewed as routine diversification or liquidity events, and by themselves provide limited insight into management’s current view of the stock.

Insider Trade Summary 10b5-1

Net Seller: 920 shares

Net Sell 1 txn

Insider Clary Rebecca

Role VP & Chief Financial Officer

Sold 920 shs ($75K)

Type	Security	Shares	Price	Value
Sale	Voting Common Stock	920	$81.75	$75K

Holdings After Transaction: Voting Common Stock — 120,278 shares (Direct)

Footnotes (1)

1. F1. Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 26, 2025.

Key Figures

Shares sold: 920 shares Sale price: $81.75 per share Post-transaction holdings: 120,278 shares +2 more

5 metrics

Shares sold 920 shares Open-market sale of Voting Common Stock

Sale price $81.75 per share Price for the 920 shares sold

Post-transaction holdings 120,278 shares Direct ownership after the sale

Transaction date 2026-06-04 Date of open-market sale

Plan adoption date June 26, 2025 Rule 10b5-1 trading plan adoption

Key Terms

Rule 10b5-1 trading plan, open-market sale, Voting Common Stock, Form 4

4 terms

Rule 10b5-1 trading plan regulatory

"Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Voting Common Stock financial

"security_title": "Voting Common Stock""

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

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

What insider transaction did Globalstar (GSAT) report for Rebecca Clary?

Globalstar reported that CFO Rebecca Clary sold 920 shares of Voting Common Stock in an open-market transaction at $81.75 per share. After the sale, she directly holds 120,278 shares, indicating she retains a substantial equity stake in the company.

Was the Globalstar (GSAT) CFO’s June 2026 stock sale pre-planned?

Yes. The filing states the shares were sold under a Rule 10b5-1 trading plan adopted by Rebecca Clary on June 26, 2025. Such plans schedule trades in advance, reducing the significance of short-term market timing for this particular transaction.

How many Globalstar (GSAT) shares does the CFO hold after this Form 4?

Following the reported transaction, CFO Rebecca Clary directly holds 120,278 shares of Globalstar Voting Common Stock. This post-transaction position suggests the 920-share sale is relatively small compared with her remaining ownership disclosed in the filing.

What price did the Globalstar (GSAT) CFO receive for the shares sold?

The reported open-market sale was executed at a price of $81.75 per share. This price applies to the 920 Voting Common shares sold in the transaction disclosed, forming the basis for the total dollar value of this individual sale event.

Does the Globalstar (GSAT) Form 4 show any option exercises or derivative trades?

No derivative transactions are listed in the provided data. The transaction involves only non-derivative Voting Common Stock, and the derivativeSummary section is empty, indicating no option exercises or other derivative activity were reported in this particular Form 4 excerpt.

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

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Accepted by SEC EDGAR 06/04/2026 - 05:29 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).

X

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^*

Clary Rebecca

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP & Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

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	06/04/2026		S(1)		920	D	$81.75	120,278	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 were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 26, 2025.

Remarks:

	Kelly C. Simoneaux, attorney-in-fact for Rebecca Clary	06/04/2026
	** 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)