Globalstar (NASDAQ: GSAT) CFO sells 24,100 shares at $82
Rhea-AI Filing Summary
Globalstar, Inc. executive Rebecca Clary, VP & Chief Financial Officer, reported a sale of 24,100 shares of Voting Common Stock on 2026-08-14 in open-market or private transactions at a volume weighted average price of $82.1723 per share, with actual prices ranging from $82.0000 to $82.7000 per share. Following these transactions, she directly holds 96,540 shares, which include 362 shares acquired under the company’s Employee Stock Purchase Plan on 2026-06-14.
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Insights
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Insider Trade Summary
Net Seller: 24,100 shares
Net Sell
1 txn
Insider
Clary Rebecca
Role
VP & Chief Financial Officer
Sold
24,100 shs ($1.98M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Voting Common Stock F1, F2 | 24,100 | $82.1723 | $1.98M |
Holdings After Transaction:
Voting Common Stock — 96,540 shares (Direct)
Footnotes (2)
- F1. The shares were sold in multiple transactions at prices ranging from $82.0000 to $82.7000 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. Includes 362 shares acquired under the registrant's Employee Stock Purchase Plan on June 14, 2026.
Key Figures
Shares sold: 24,100 shares
Volume weighted average price: $82.1723 per share
Sale price range: $82.0000–$82.7000 per share
+2 more
5 metrics
Shares sold
24,100 shares
Voting Common Stock sold on 2026-08-14
Volume weighted average price
$82.1723 per share
Average sale price for 24,100 shares on 2026-08-14
Sale price range
$82.0000–$82.7000 per share
Range of prices for multiple sale transactions on 2026-08-14
Shares held after transaction
96,540 shares
Direct holdings of Rebecca Clary following the 2026-08-14 sale
ESPP shares included
362 shares
Shares acquired under Employee Stock Purchase Plan on 2026-06-14, included in post-transaction holdings
Key Terms
volume weighted average price, Employee Stock Purchase Plan, Voting Common Stock
3 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.
Employee Stock Purchase Plan financial
"Includes 362 shares acquired under the registrant's Employee Stock Purchase Plan on June 14, 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Voting Common Stock financial
"security_title: "Voting Common Stock""
FAQ
What insider transaction did Globalstar (GSAT) report for Rebecca Clary?
Globalstar (GSAT) reported that Rebecca Clary, its VP & CFO, sold 24,100 shares of Voting Common Stock on 2026-08-14. The sale occurred in open-market or private transactions at a volume weighted average price of $82.1723 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.