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) has agreed to be acquired by Amazon.com, Inc. in a two-step merger under a April 13, 2026 merger agreement. Globalstar will first merge into an Amazon subsidiary and ultimately become part of Grapefruit Acquisition Sub II, LLC, a wholly owned Amazon subsidiary, and will cease to be publicly traded.
At closing, each share of Globalstar common stock (other than canceled shares) will be converted into either $90.00 in cash minus any per share adjustment amount or Amazon stock based on an exchange ratio tied to Amazon’s 20‑day VWAP, with the stock consideration capped at $90.00 per share. Cash elections are subject to proration so that no more than 40% of eligible shares receive cash; stock consideration has no cap and is the default for non‑electing holders.
A letter agreement with Apple Inc. could require a Customer payment of up to approximately $97 million if Globalstar misses C‑3 system milestones; this amount would directly reduce the aggregate merger consideration through a per share adjustment. Supporting stockholders holding about 57.6% of voting power have already delivered written consent, so no further stockholder vote is required. The parties currently expect closing in 2027, subject to regulatory and other closing conditions.
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.
A shareholder associated with Citigroup Global Markets Inc has filed to sell up to 24,100 common shares on NASDAQ on or after 08/14/2026, with an aggregate market value of $1,980,352.43. The filing lists multiple prior restricted stock vesting events received from the issuer as compensation and notes that 920 common shares were sold on 06/04/2026 for $75,210.00 by Rebecca Clary.
Globalstar, Inc. director and officer Timothy Evan Taylor reported indirect sales of Voting Common Stock held by Thermo Investments III, LLC. The entity sold 75,000 shares on August 12, 2026 at a volume‑weighted average price of $83.1502 per share and another 75,000 shares on August 13, 2026 at a volume‑weighted average price of $82.8174, each in multiple transactions within disclosed price ranges. Taylor also reports 255,467 shares of Voting Common Stock held directly after the August 12, 2026 entry.
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.