James Monroe III - Mar 18, 2025 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
Director, 10%+ Owner
Signature
Kelly C. Simoneaux, attorney-in-fact for James Monroe III
Stock symbol
GSAT
Transactions as of
Mar 18, 2025
Transactions value $
$519,990
Form type
4
Date filed
3/18/2025, 05:37 PM
Previous filing
Jan 7, 2025
Next filing
Mar 19, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Purchase $520K +25K +3.04% $20.80 847K Mar 18, 2025 By Thermo Properties II, LLC F1, F2
holding GSAT Voting Common Stock 13.1M Mar 18, 2025 Thermo Funding Company F2
holding GSAT Voting Common Stock 42.7K Mar 18, 2025 By FL Investment Holdings LLC F2
holding GSAT Voting Common Stock 581K Mar 18, 2025 Thermo XCOM LLC F2
holding GSAT Voting Common Stock 200K Mar 18, 2025 Monroe Irr. Educational Trust F2
holding GSAT Voting Common Stock 13.3K Mar 18, 2025 By Thermo Investments Limited Partnership F2
holding GSAT Voting Common Stock 41.2K Mar 18, 2025 By Globalstar Satellite L.P. F2
holding GSAT Voting Common Stock 1.96K Mar 18, 2025 By James Monroe III Grantor Trust F2
holding GSAT Voting Common Stock 58.7M Mar 18, 2025 Thermo Funding II LLC F2
holding GSAT Voting Common Stock 45.1K Mar 18, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were purchased in multiple transactions at prices ranging from $20.6050 to $20.9600 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 purchased at each separate price.
F2 The number of shares of voting common stock reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock spilt effected on February 10, 2025.