Form 4: Globalstar CFO Rebecca Clary Executes Stock Sale

Globalstar, Inc. CFO Rebecca Clary sold 920 shares of common stock on June 4, 2026, pursuant to a Rule 10b5-1 trading plan.

Summary

• Rebecca Clary, VP & Chief Financial Officer of Globalstar, Inc., sold 920 shares of voting common stock.
• The transaction occurred on June 4, 2026, at a price of $81.75 per share.
• Following this transaction, the reporting person retains beneficial ownership of 120,278 shares.
• The sale was executed under a pre-established Rule 10b5-1 trading plan adopted on June 26, 2025.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was conducted through a pre-planned, automated trading arrangement.

Positives

• The sale was conducted via a pre-planned Rule 10b5-1 trading plan, which is a standard mechanism for executives to sell shares without triggering insider trading concerns.

Negatives

• The transaction represents a reduction in the direct equity stake held by a key member of the executive leadership team.

Risks

• None identified in this specific filing.

Future Outlook

No forward-looking guidance or operational outlook was provided in this filing.

Industry Context

StockSavvy.ai notes that executive stock sales executed under Rule 10b5-1 plans are routine corporate governance events and generally do not signal a change in company fundamentals or management sentiment.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for corporate officers to manage personal liquidity while maintaining compliance with SEC regulations.

Stakeholder Impact

• Minimal impact on shareholders as the sale was small relative to the total holdings of the executive.

Next Steps

• No future actions or milestones were disclosed in this filing.

Key Dates

Keywords

Globalstar, GSAT, Insider Trading, Form 4, CFO, Equity Sale