| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GSAT | Voting Common Stock | Sale | -$567K | -25.8K | -6.05% | $22.03 | 400K | Mar 12, 2025 | By Thermo Investments III, LLC | F1, F2 |
| transaction | GSAT | Voting Common Stock | Sale | -$13K | -577 | -0.14% | $22.61 | 399K | Mar 12, 2025 | By Thermo Investments III, LLC | F1, F3 |
| transaction | GSAT | Voting Common Stock | Sale | -$484K | -22.7K | -5.69% | $21.33 | 377K | Mar 13, 2025 | By Thermo Investments III, LLC | F1, F4 |
| transaction | GSAT | Voting Common Stock | Sale | -$80.2K | -3.63K | -0.96% | $22.07 | 373K | Mar 13, 2025 | By Thermo Investments III, LLC | F1, F5 |
| holding | GSAT | Voting Common Stock | 244K | Mar 12, 2025 | Direct |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 28, 2023. |
| F2 | The shares were sold in multiple transactions at prices ranging from $21.5700 to $22.5700 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| F3 | The shares were sold in multiple transactions at prices ranging from $22.5850 to $22.6600 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| F4 | The shares were sold in multiple transactions at prices ranging from $21.0300 to $22.0300 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| F5 | The shares were sold in multiple transactions at prices ranging from $22.0400 to $22.1800 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |