Welcome to our dedicated page for Globalstar SEC filings (Ticker: GSAT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Globalstar, Inc. filings document the regulatory record for a telecommunications provider built around mobile satellite services, a low Earth orbit satellite constellation, licensed Band 53/n53 spectrum and private wireless technology. Its 8-K filings report operating and financial results, material definitive agreements, capital-structure matters, shareholder voting topics, and regulatory disclosures tied to its satellite and spectrum-based business.
Proxy materials disclose board governance, executive compensation and shareholder meeting matters. The company’s formal reports also provide context on business lines such as XCOM RAN private 5G, satellite IoT capabilities, ground infrastructure expansion and communications services for enterprise, consumer, government and defense markets.
Globalstar, Inc. (GSAT) reports a planned sale of 75,000 shares of common stock through UBS Financial Services Inc., with an aggregate market value of $6,222,750 and listing on Nasdaq. The filing also shows that 17,500,000 shares of common stock were acquired on 05/27/2021 in a private transaction from Thermo Funding II LLC, and that Timothy Taylor sold 75,000 shares of common stock on 08/12/2026 for gross proceeds of $6,236,265.
Globalstar, Inc. director Benjamin G. Wolff reported two open-market or private sales of Voting Common Stock. On August 11, 2026, he sold 24,000 shares at a volume weighted average price of $83.5379 per share, in multiple trades between $83.3 and $83.655. On August 12, 2026, he sold 32,711 shares at a volume weighted average price of $83.1852, in trades between $83.3 and $83.53. Post-transaction share holdings are not reported in this form.
Globalstar, Inc. General Counsel Ponder L Barbee IV reported a sale of 4,720 shares of Voting Common Stock on 2026-08-11 in an open market or private transaction. The volume-weighted average sale price was $83.5237 per share, with prices ranging from $83.51 to $83.555. Following this transaction, the reporting person directly holds 126,583 shares of Globalstar common stock.
GSAT reporting person L. Barbee Ponder IV filed to sell up to 4,720 shares of common stock through Cetera Investment Services on or after August 11, 2026 on NASDAQ. These shares were acquired via restricted stock vesting grants between 2017 and 2025 as compensation.
The filing also notes a prior sale during the last three months of 12,045 shares of common stock on August 7, 2026 for an aggregate value of $1,000,340.74.
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.
A holder of Globalstar common stock filed a notice of intent to sell up to 56,711 shares held at Morgan Stanley. The planned sale, listed for 08/10/2026 on NASDAQ, is tied to shares with an aggregate market value of 4,729,697.40.
GSAT reported a planned sale of 12,045 shares of common stock through Cetera Investment Services under a Rule 144 notice. The shares have an aggregate market value of about $1,000,340.74, compared with 129,563,390 shares of common stock outstanding and are expected to be sold on or after August 7, 2026 on NASDAQ.
The filing also lists the origin of these shares from prior restricted stock vesting events classified as compensation on June 14, 2020, December 14, 2020, and June 14, 2021, covering 4,140; 4,789; and 3,116 common shares respectively.
Globalstar, Inc. reported Q2 2026 revenue of $64.8 million, down slightly from $67.1 million a year earlier, and a net loss of $26.5 million versus prior-year net income of $19.2 million. Higher marketing, general and administrative costs and sharply higher net interest expense contributed to a loss from operations and weaker other income.
For the first half of 2026, net cash provided by operating activities was $159.8 million, funding heavy satellite and network investment of $208.3 million, and period-end cash was $409.8 million. Deferred revenue and contract liabilities rose to $1.09 billion, largely from an $813.4 million Infrastructure Prepayment by Apple under long-term wholesale capacity arrangements. Total debt principal was $423.7 million with carrying value of $358.8 million.
Strategically, Amazon has agreed to acquire Globalstar via a two-step merger, with each common share to receive either $90 in cash (subject to proration and potential downward adjustment) or Amazon stock based on an exchange ratio, also subject to possible downward adjustment. The aggregate Merger Consideration may be reduced by up to $110 million, currently capped at about $97 million, depending on service milestones. The transaction remains subject to multiple regulatory approvals, satellite deployment milestones, and other closing conditions, and includes reciprocal termination fees of approximately $419.8 million (company) and $592.1 million (Amazon) in specified scenarios.
Globalstar, Inc. reported second-quarter 2026 results and an update on its pending merger with Amazon. Total revenue for the quarter was $64.8 million, including $60.0 million of service revenue and $4.8 million from subscriber equipment sales. Service revenue declined 5% year over year, driven by lower wholesale capacity timing and Duplex/SPOT churn, partially offset by record Commercial IoT activations and over 20% growth in gross IoT activations over the last twelve months.
Loss from operations was $4.8 million versus income from operations of $6.1 million a year earlier, and net loss was $26.5 million compared to net income of $19.2 million, reflecting higher MG&A tied to the Amazon transaction, increased network and XCOM-related costs, foreign currency losses and higher interest expense. Adjusted EBITDA was $26.0 million, down from $35.8 million. For the first six months of 2026, revenue was $134.8 million and net loss $41.4 million, with Adjusted EBITDA of $59.4 million.
Liquidity remained significant with $409.8 million of cash and cash equivalents as of June 30, 2026, against $423.7 million of debt principal, $159.7 million of operating cash flow and $43.5 million of Adjusted free cash flow year to date. The HSR waiting period for the Amazon merger expired on July 17, 2026, and closing is expected in 2027 subject to remaining regulatory approvals and satellite milestones. In connection with the pending transaction, Globalstar does not intend to hold future earnings calls or update forward-looking guidance.