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. director and 10% owner James Monroe III reported new equity awards and confirmed his substantial shareholdings. On January 5, 2026, he received an award of 780 shares of voting common stock under Globalstar's equity incentive plan, bringing his directly held voting common stock to 45,880 shares. These awarded shares vest on January 5, 2027.
On the same date, Monroe was also granted stock options for 6,666 shares of voting common stock, which vest in three equal annual installments on January 5, 2027, 2028 and 2029. In addition to his direct holdings, he reports large indirect ownership of voting common stock through various entities, including 13,142,665 shares held by Thermo Funding Company and 58,833,076 shares held by Thermo Funding II LLC, among other affiliated entities.
Globalstar (GSAT) director and VP, Finance & Operations Timothy Evan Taylor reported new equity awards. On January 5, 2026, he received 780 shares of voting common stock at a grant price of $0, described as restricted stock under the company’s equity incentive plan, which will vest on January 5, 2027.
He was also granted a stock option for 6,666 shares of voting common stock with a $64.08 exercise price. These options vest in three equal annual installments on January 5, 2027, 2028 and 2029 and expire on January 5, 2036. Following these awards, Taylor held 250,824 shares of voting common stock directly and 320,244 shares indirectly through Thermo Investments III, LLC.
Globalstar, Inc. director Benjamin G. Wolff reported new equity awards. On January 5, 2026, he received 780 shares of voting common stock as restricted stock under the company’s equity incentive plan, bringing his directly held common stock to 57,494 shares. These restricted shares vest on January 5, 2027.
He was also granted 6,666 stock options with an exercise price of $64.08 per share, expiring on January 5, 2036. The options vest in three equal annual installments on January 5, 2027, 2028, and 2029. After this grant, he directly holds 6,666 stock options in addition to his common shares.
Globalstar, Inc. reported that its VP & Chief Financial Officer, Rebecca Clary, had equity compensation shares vest and then sold a portion of those shares. On 12/16/2025, she acquired 9,524 shares of voting common stock at $0 per share, earned upon vesting of part of a performance share award granted on March 27, 2025, bringing her holdings to 111,821 shares directly owned.
On 12/17/2025, she sold 3,529 shares, then 800 shares, and then 500 shares of voting common stock, in transactions described as sales to cover taxes due under a mandatory sell-to-cover program. The filing notes that some of these sales occurred in multiple trades at prices ranging from $56.29 to $56.82 per share, with a reported volume-weighted average price. After these sales, she directly owned 106,992 shares of Globalstar common stock.
Globalstar, Inc. (GSAT) reported an insider transaction by its General Counsel, L. Barbee Ponder IV. On 11/17/2025, he sold 9,790 shares of voting common stock at a volume-weighted average price of $58.3243 per share in multiple trades within a range of $57.66 to $58.85. These shares were sold to cover taxes due on the vesting of a previously reported 3-year restricted stock award under a mandatory sell-to-cover program maintained by the company.
Following this tax-related sale, he beneficially owns 135,658 shares of Globalstar common stock, held directly.
Globalstar, Inc. (GSAT) reported insider stock sales by its VP & Chief Financial Officer, who filed as an officer and sole reporting person. On 11/14/2025, the executive sold 1,188 shares of voting common stock at $60.84 per share. On 11/17/2025, the executive sold an additional 16,316 shares at a volume-weighted average price of $58.3243 per share, in multiple trades between $57.66 and $58.85. After these transactions, the executive beneficially owned 98,374 shares directly. One sale was made under a Rule 10b5-1 trading plan adopted on June 26, 2025, and another was to cover taxes on a previously reported 3-year restricted stock award.
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.
Globalstar (GSAT) disclosed an insider transaction by its VP & Chief Financial Officer. On 11/05/2025, the officer acquired 9,524 shares of voting common stock at $0 upon the vesting of a performance share award. On 11/06/2025, 4,572 shares were sold to cover taxes under a mandatory sell‑to‑cover program at a volume‑weighted average price of $48.3129, with trades ranging from $48.15 to $48.435. After these transactions, the officer directly owned 115,804 shares.
Globalstar, Inc. (GSAT) reported Q3 2025 results with total revenue of $73.8 million, up slightly from $72.3 million a year ago. Service revenue was $69.6 million. Income from operations rose to $10.2 million, while net income was $1.1 million; after preferred dividends, net loss attributable to common shareholders was $1.6 million, or $-0.01 per share. For the first nine months, revenue reached $201.0 million and net income was $3.0 million, reflecting steadier operations year to date.
Cash and balance sheet shifted with Apple-related prepayments. Cash was $346.3 million. Contract liabilities (deferred revenue) increased to $734.4 million, primarily from the Extended MSS Network Infrastructure Prepayment, including $175.0 million received in Q3 and $299.6 million year-to-date. Property and equipment, net, rose to $1.21 billion as satellite and ground construction advanced. Operating cash flow was $445.8 million for the nine months, largely from deferred revenue inflows, while investing outflows of $485.9 million funded satellite and ground network build-outs. An embedded derivative asset tied to the 2024 Debt Repayment was $120.8 million. As of October 31, 2025, 126,838,414 common shares and 149,425 preferred shares were outstanding.
Globalstar, Inc. (GSAT) furnished an 8-K announcing it issued a press release with financial and operating results for the three and nine months ended September 30, 2025.
The press release is included as Exhibit 99.1. The information in this report, including Exhibit 99.1, is furnished and not deemed filed under Section 18 of the Exchange Act, nor incorporated by reference except as specifically stated.