Globalstar (GSAT) General Counsel sells 12,045 shares at $83.21 average price
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
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Insider Trade Summary
Net Seller: 12,045 shares
Net Sell
1 txn
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)
- 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.
Key Figures
Shares sold: 12,045 shares
Volume weighted average price: $83.2142 per share
Price range of sales: $83.19–$83.37 per share
+2 more
5 metrics
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
Key Terms
Voting Common Stock, volume weighted average price, open market or private transaction
3 terms
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.
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.
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.