Timothy E. Taylor - 10 Sep 2025 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Signature
Kelly C. Simoneaux, attorney-in-fact for Timothy E. Taylor
Issuer symbol
GSAT
Transactions as of
10 Sep 2025
Transactions value $
-$1,656,177
Form type
4
Filing time
12 Sep 2025, 18:01:10 UTC
Previous filing
12 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Taylor Timothy Evan VP, Finance & Operations, Director 1351 HOLIDAY SQUARE BLVD, COVINGTON Kelly C. Simoneaux, attorney-in-fact for Timothy E. Taylor 12 Sep 2025 0001764225

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Sale -$439K -14K -3.75% $31.40 359K 10 Sep 2025 By Thermo Investments III, LLC F1, F2
transaction GSAT Voting Common Stock Sale -$187K -5.77K -1.61% $32.47 353K 10 Sep 2025 By Thermo Investments III, LLC F1, F3
transaction GSAT Voting Common Stock Sale -$154K -4.59K -1.3% $33.46 349K 10 Sep 2025 By Thermo Investments III, LLC F1, F4
transaction GSAT Voting Common Stock Sale -$26.3K -762 -0.22% $34.58 348K 10 Sep 2025 By Thermo Investments III, LLC F1, F5
transaction GSAT Voting Common Stock Sale -$6.13K -173 -0.05% $35.41 348K 10 Sep 2025 By Thermo Investments III, LLC F1
transaction GSAT Voting Common Stock Sale -$38.7K -1.05K -0.3% $36.72 347K 10 Sep 2025 By Thermo Investments III, LLC F1, F6
transaction GSAT Voting Common Stock Sale -$665K -21.8K -6.3% $30.43 325K 11 Sep 2025 By Thermo Investments III, LLC F1, F7
transaction GSAT Voting Common Stock Sale -$140K -4.49K -1.38% $31.24 320K 11 Sep 2025 By Thermo Investments III, LLC F1, F8
holding GSAT Voting Common Stock 247K 10 Sep 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

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 $31.045 to $32.04 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 $32.065 to $33.03 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 $33.125 to $34.00 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 $34.14 to $34.99 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.
F6 The shares were sold in multiple transactions at prices ranging from $36.475 to $36.91 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.
F7 The shares were sold in multiple transactions at prices ranging from $29.89 to $30.88 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.
F8 The shares were sold in multiple transactions at prices ranging from $30.90 to $31.76 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.