Globalstar counsel L. Barbee Ponder IV sells shares

Available on EDGAR 11/12/2026 - 06:08 PM EST Accepted by SEC EDGAR 11/12/2026 - 06:08 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Globalstar, Inc. (GSAT) General Counsel L. Barbee Ponder IV sold 2,308 shares of voting common stock on November 10, 2026, at a reported volume-weighted average price of $86.06 per share. The shares were sold in multiple transactions priced from $86.00 to $86.12 per share. No Rule 10b5-1 plan is reported for the sale.

Insider Trade Summary

Net Seller: 2,308 shares

Net Sell 1 txn

Insider Ponder L Barbee IV

Role General Counsel

Sold 2,308 shs ($199K)

Share of Position Sold 1.8%

Type	Security	Shares	Price	Value
Sale	Voting Common Stock F1	2,308	$86.06	$199K

Holdings After Transaction: Voting Common Stock — 126,583 shares (Direct)

Holdings Before and After: Voting Common Stock, 128,891 to 126,583 shares (Direct)

Other Insiders: 1 other insider reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (1)

1. F1. The shares were sold in multiple transactions at prices ranging from $86.00 to $86.12 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.

Key Figures

Shares sold: 2,308 shares Volume-weighted average price: $86.06 per share Transaction price range: $86.00 to $86.12 per share +1 more

4 metrics

Shares sold 2,308 shares Voting common stock sold on November 10, 2026

Volume-weighted average price $86.06 per share Reported average across multiple transactions on November 10, 2026

Transaction price range $86.00 to $86.12 per share Prices across the multiple transactions

Direct holdings after sale 126,583 shares Voting common stock held after the November 10, 2026 sale

Key Terms

volume weighted average price

1 terms

volume weighted average price financial

"price reported reflects the volume weighted average price"

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.

FAQ

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

How many GSAT shares did L. Barbee Ponder IV sell?

L. Barbee Ponder IV, Globalstar's General Counsel, sold 2,308 shares of voting common stock on November 10, 2026, at a reported volume-weighted average price of $86.06 per share. The multiple transactions were priced from $86.00 to $86.12 per share.

How many GSAT shares did L. Barbee Ponder IV hold after the sale?

He directly held 126,583 shares of voting common stock after the November 10, 2026 sale.

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

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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 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)
	General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2026

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	11/10/2026		S		2,308	D	$86.06(1)	126,583	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. The shares were sold in multiple transactions at prices ranging from $86.00 to $86.12 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	11/12/2026
	** 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.
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)