GSAT insider report: 130-share grant, 56-share tax sale disclosed

Q: What did GSAT’s officer report on this Form 4?

A restricted stock award of 130 shares on 11/10/2025 and a sale of 56 shares at $61.34 on 11/12/2025 to cover taxes.

Q: Who is the reporting person in GSAT’s Form 4?

It is L. Barbee Ponder IV , Officer (General Counsel) of Globalstar.

Q: Did the restricted stock vest immediately?

Yes. The filing states the award vested immediately upon the grant on 11/10/2025 .

Q: Why were 56 GSAT shares sold?

They were sold to cover taxes due upon the vesting, under a mandatory sell-to-cover program maintained by the registrant.

Q: How many GSAT shares does the officer own after these transactions?

He beneficially owns 145,448 shares directly after the reported transactions.

Q: What were the transaction codes used?

The award was coded A and the sale was coded S .

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Globalstar (GSAT) Form 4: Officer and General Counsel L. Barbee Ponder IV reported equity compensation and a related tax sale. On 11/10/2025, he received an award of 130 shares of Voting Common Stock at $0, which vested immediately upon grant. On 11/12/2025, 56 shares were sold at $61.34 to cover taxes due upon the vesting under a mandatory sell-to-cover program maintained by the registrant.

Following these transactions, the reporting person directly beneficially owned 145,448 shares of Voting Common Stock.

Insider Trade Summary

Net Seller: 56 shares ($3,435)

Net Sell 2 txns

Insider Ponder L Barbee IV

Role General Counsel

Sold 56 shs ($3K)

Type	Security	Shares	Price	Value
Sale	Voting Common Stock	56	$61.34	$3K
Grant/Award	Voting Common Stock	130	$0.00	--

Holdings After Transaction: Voting Common Stock — 145,448 shares (Direct)

Footnotes (1)

Award of Restricted Stock for the Reporting Person's anniversary which vested immediately upon the grant. Shares sold to cover taxes due upon the vesting of the restricted stock granted on 11/10/2025 in accordance with a mandatory sell-to-cover program maintained by the registrant.

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Form 4 Insider Transactions: What Each Field Means →

11/12/2025 - 05:48 PM

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

70433

(City)

(State)

(Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Voting Common Stock	11/10/2025		A⁽¹⁾		130	A	$0	145,504	D
Voting Common Stock	11/12/2025		S⁽²⁾		56	D	$61.34	145,448	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Award of Restricted Stock for the Reporting Person's anniversary which vested immediately upon the grant.

2. Shares sold to cover taxes due upon the vesting of the restricted stock granted on 11/10/2025 in accordance with a mandatory sell-to-cover program maintained by the registrant.

Remarks:

	Kelly C. Simoneaux, attorney-in-fact for L. Barbee Ponder IV	11/12/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did GSAT’s officer report on this Form 4?

A restricted stock award of 130 shares on 11/10/2025 and a sale of 56 shares at $61.34 on 11/12/2025 to cover taxes.

Who is the reporting person in GSAT’s Form 4?

It is L. Barbee Ponder IV, Officer (General Counsel) of Globalstar.

Did the restricted stock vest immediately?

Yes. The filing states the award vested immediately upon the grant on 11/10/2025.

Why were 56 GSAT shares sold?

They were sold to cover taxes due upon the vesting, under a mandatory sell-to-cover program maintained by the registrant.

How many GSAT shares does the officer own after these transactions?

He beneficially owns 145,448 shares directly after the reported transactions.

What were the transaction codes used?

The award was coded A and the sale was coded S.