STOCK TITAN

Globalstar (GSAT) General Counsel sells 12,045 shares at $83.21 average price

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Globalstar, Inc. General Counsel Ponder L Barbee IV reported selling 12,045 shares of Voting Common Stock on 2026-08-07 in a sale coded as an open market or private transaction. The shares were sold in multiple trades at prices ranging from $83.19 to $83.37 per share, with a reported volume weighted average price of $83.2142 per share. Following these transactions, Barbee reported holding 131,303 shares of Globalstar common stock directly.

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Insights

Analyzing...

Insider Ponder L Barbee IV
Role General Counsel
Sold 12,045 shs ($1.00M)
Type Security Shares Price Value
Sale Voting Common Stock F1 12,045 $83.2142 $1.00M
Holdings After Transaction: Voting Common Stock — 131,303 shares (Direct)
Footnotes (1)
  1. F1. The shares were sold in multiple transactions at prices ranging from $83.19 to $83.37 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.
Shares sold 12,045 shares Voting Common Stock sold on 2026-08-07
Volume weighted average price $83.2142 per share Average price for 12,045 shares sold on 2026-08-07
Price range of sales $83.19–$83.37 per share Multiple transactions comprising the reported sale
Shares held after transaction 131,303 shares Directly owned Voting Common Stock after the sale
Net buy/sell shares -12,045 shares Net shares sold across reported transactions
Voting Common Stock financial
"The reported transaction involved Voting Common Stock"
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.
open market or private transaction financial
"Transaction code description indicates a Sale in open market or private transaction"

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

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FAQ

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

Globalstar reported that General Counsel Ponder L Barbee IV sold 12,045 shares of Voting Common Stock on 2026-08-07 in a transaction coded as an open market or private sale.

At what prices did Globalstar (GSAT) shares sell in Barbee’s 12,045-share transaction?

The 12,045 Globalstar shares were sold in multiple trades at prices ranging from $83.19 to $83.37 per share, with a reported volume weighted average price of $83.2142 per share.

How many Globalstar (GSAT) shares does Ponder L Barbee IV hold after the reported sale?

After selling 12,045 shares, Ponder L Barbee IV reported direct ownership of 131,303 Globalstar shares of Voting Common Stock, as stated in the Form 4 filing’s post-transaction holdings.

Was the Globalstar (GSAT) insider sale by Barbee under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as true, indicating the transaction was not affirmatively reported as executed under a Rule 10b5-1 trading plan.

What type of security did Ponder L Barbee IV trade in this Globalstar (GSAT) Form 4?

Ponder L Barbee IV traded Voting Common Stock of Globalstar, Inc., disposing of 12,045 shares in a transaction classified as non-derivative and held under direct ownership.
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Voting Common Stock08/07/2026S12,045D$83.2142(1)131,303D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares were sold in multiple transactions at prices ranging from $83.19 to $83.37 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 IV08/10/2026
** Signature of Reporting PersonDate
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)