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.
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.
Globalstar, Inc. reported that its VP & Chief Financial Officer, Rebecca Clary, completed an open-market sale of 920 shares of Voting Common Stock at $81.75 per share. After this transaction, she directly holds 120,278 shares.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person on June 26, 2025, indicating the trade was scheduled in advance rather than timed discretionarily.
COWAN KEITH O reported acquisition or exercise transactions in this Form 4 filing.
Globalstar, Inc. director Keith O. Cowan received an award of 3,333 shares of Voting Common Stock as restricted stock under the company’s Equity Incentive Plan. The granted shares vest on May 11, 2027. After this award, Cowan directly holds 61,746 shares of Globalstar common stock.
Globalstar, Inc. director William A. Hasler received an equity compensation grant of 3,333 shares of Voting Common Stock. The award is in the form of restricted stock under the company’s Equity Incentive Plan, carries no cash exercise price, and vests on May 11, 2027.
After this grant, Hasler directly holds 65,546 shares of Globalstar common stock. Because this is a stock award rather than an open-market purchase or sale, it reflects routine director compensation rather than a discretionary trading decision.
Globalstar, Inc. vice president of finance and operations Timothy Evan Taylor reported an equity compensation grant and updated his holdings. He received an award of 3,333 shares of Voting Common Stock at $0.00 per share as a restricted stock grant under the company’s Equity Incentive Plan. These awarded shares vest on May 11, 2027, meaning they must satisfy time-based conditions before fully belonging to him. After this grant, Taylor directly holds 255,467 shares of Voting Common Stock and is also reported as indirectly owning 320,244 shares through Thermo Investments III, LLC. The filing reflects a routine compensation-related acquisition rather than an open-market purchase or sale.
Wolff Benjamin G reported acquisition or exercise transactions in this Form 4 filing.
Globalstar, Inc. director Benjamin G. Wolff reported an equity compensation grant in the form of restricted Voting Common Stock. He received 3,333 shares at no cash cost under the company’s Equity Incentive Plan, increasing his direct holdings to 60,827 shares after the award.
The awarded restricted shares are scheduled to vest on May 11, 2027, meaning they are subject to continued service or other plan conditions until that date. This filing reflects a routine compensation-related share award rather than an open-market stock purchase or sale.