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. is asking shareholders to vote at its May 13, 2026 annual meeting on three items: electing two Class B directors (James F. Lynch and Timothy E. Taylor), ratifying Ernst & Young LLP as 2026 auditor, and approving executive pay on an advisory basis.
The proxy highlights 2025 record results with $273 million in total revenue, $136 million in Adjusted EBITDA and a 50% Adjusted EBITDA margin, plus $447 million of cash at year-end. It describes a controlled-board structure under Thermo, extensive committee activity, director compensation, and a pay program tying named executive officers’ bonuses and equity awards primarily to Adjusted EBITDA and sustained stock-price targets. The company reports a 2025 CEO pay ratio of 1:10 and emphasizes governance measures including a clawback, anti-hedging policy, independent Audit Committee, and cybersecurity oversight.
Globalstar, Inc. Chief Executive Officer Paul E. Jacobs reported multiple equity transactions in Globalstar (GSAT). He exercised stock options to acquire 6,666 shares of Voting Common Stock, including 4,444 shares at an exercise price of $28.05 and 2,222 shares at $32.85. On the same date, he sold a total of 714 shares of Voting Common Stock at prices around $59.56–$59.58, which a footnote states were sold under a mandatory sell-to-cover program to pay additional taxes due on the vesting of a restricted stock award granted on March 10, 2026. After these transactions, Jacobs directly holds 67,032 shares of Voting Common Stock and indirectly holds 1,116,400 shares through a trust. A footnote also notes that the number of stock option shares and exercise prices have been adjusted to reflect a 1-for-15 reverse stock split effective on February 10, 2025.
GSAT submitted a Form 144 reporting a proposed resale of 714 shares of Common Stock that vested as restricted compensation on 03/10/2026.
The notice also lists two prior dispositions in the past three months: 845 shares on 01/07/2026 (proceeds 55,601.00) and 1,153 shares on 03/11/2026 (proceeds 66,075.78), each labeled as Common Stock.
Globalstar, Inc. Chief Executive Officer Paul E. Jacobs reported both an equity grant and a small share sale. On March 10, 2026, he received 3,403 shares of Voting Common Stock as an award of restricted stock in partial payment of his 2025 annual bonus, and these shares vested immediately upon grant.
On March 11, 2026, Jacobs sold 1,153 shares of Voting Common Stock in open-market transactions at a volume-weighted average price of $57.3077 per share, with individual trade prices ranging from $57.1300 to $57.6600 per share. The sale was made to cover taxes due upon the vesting of the restricted stock. Following the sale, he held 61,080 shares directly, and an additional 1,116,400 shares were held indirectly by a trust.
Taylor Timothy Evan reported acquisition or exercise transactions in this Form 4 filing.
Globalstar director and VP, Finance & Operations Timothy Evan Taylor received an equity award rather than buying shares in the market. On this Form 4, he was granted 1,310 shares of Voting Common Stock as restricted stock, issued at $0.00 per share as part of his 2025 annual bonus. The footnote explains these shares vested immediately upon grant, meaning he fully owns them now as compensation.
After this award, Taylor directly holds 252,134 shares of Globalstar common stock. In addition, the filing shows 320,244 shares held indirectly through Thermo Investments III, LLC, reflecting a separate ownership position associated with him.
Globalstar, Inc. General Counsel Ponder L. Barbee IV reported two recent stock transactions in Voting Common Stock. On March 10, 2026, he acquired 1,395 restricted shares at $0.00 per share as an award of restricted stock in partial payment of his 2025 annual bonus, and these shares vested immediately upon grant.
On March 11, 2026, he sold 682 shares in open-market transactions to cover taxes due upon the vesting of the restricted stock. The shares were sold in multiple trades at prices ranging from $57.13 to $57.66 per share, resulting in a reported volume-weighted average price of $57.3077. Following these transactions, he directly holds 143,348 shares of Globalstar Voting Common Stock.
Globalstar, Inc. VP & Chief Financial Officer Rebecca Clary reported routine equity compensation activity and a related tax sale. On March 10, 2026, she received an award of 1,557 shares of Voting Common Stock as restricted stock in partial payment of her 2025 annual bonus, and these shares vested immediately.
On March 11, 2026, she executed an open‑market sale of 762 shares of Voting Common Stock to cover taxes due upon the vesting of the restricted stock. The sale price had a volume‑weighted average of $57.3077 per share, with individual trades between $57.1300 and $57.6600 per share. After these transactions, she directly holds 110,254 shares of Globalstar Voting Common Stock.
GSAT reports reported sales notifications under Rule 144 and a restricted stock vesting event. The issuer recorded 682 shares vesting on 03/11/2026 as compensation. The filing lists multiple sales by L. Barbee Ponder IV during the prior three months: 1,221 shares on 12/08/2025, 420 shares on 12/22/2025, 1,260 shares on 12/29/2025, and 492 shares on 03/10/2026.
GSAT notice: 1,153 shares of Common Stock are identified for sale in a Form 144 filing related to restricted stock vesting.
Shares outstanding were 128,554,348 as of 03/11/2026. The filing also shows a prior disposition of 845 shares on 01/07/2026.
GSAT Form 144 reports proposed and recent dispositions of Common Stock. The filing lists 762 shares to be sold in connection with a Restricted Stock Vesting event dated 03/10/2026. The filing also records multiple sales by Rebecca S. Clary on 12/08/2025, 12/17/2025, 12/22/2025, 12/29/2025, 03/03/2026, and 03/10/2026 with per‑trade share counts and proceeds shown in the table.