SEC Form 4 · accession 0001368618-26-000011
Globalstar, Inc. · GSAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin G Wolff
Director
Period of report
Aug 21, 2026
Accepted (ET)
Aug 24, 2026 · 5:27 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001366868
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Voting Common Stock | Aug 21, 2026 | M | 6,666 | $7.05 | A | 10,782 | D | |
| Voting Common Stock | Aug 21, 2026 | M | 6,666 | $8.106 | A | 17,448 | D | |
| Voting Common Stock | Aug 21, 2026 | M | 6,666 | $5.079 | A | 24,114 | D | |
| Voting Common StockF1 | Aug 21, 2026 | S | 19,998 | $82.2133 | D | 4,116 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $7.05 | Aug 21, 2026 | M | 6,666 | D | — | Dec 27, 2028 | Voting Common Stock | 6,666 | 0 | D |
| Stock Option (Right to Buy)F3 | $8.106 | Aug 21, 2026 | M | 6,666 | D | — | Jan 2, 2030 | Voting Common Stock | 6,666 | 0 | D |
| Stock Option (Right to Buy)F4 | $5.079 | Aug 21, 2026 | M | 6,666 | D | — | Jan 2, 2031 | Voting Common Stock | 6,666 | 0 | D |
Explanation of responses
- F1The shares were sold in multiple transactions at prices ranging from $82.2 to $82.26 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.
- F2Award vested and became exercisable as to one third on each of December 27, 2019, December 27, 2020 and December 27, 2021.
- F3Award vested and became exercisable as to one third on each of January 2, 2021, January 2, 2022 and January 2, 2023.
- F4Award vested and became exercisable as to one third on each of January 2, 2022, January 2, 2023 and January 2, 2024.
Remarks
The number of shares of voting common stock and exercise prices reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock spilt effected on February 10, 2025.