Form 4: Globalstar CFO Sells Shares Under 10b5-1 Plan

Rebecca Clary, Globalstar's VP & Chief Financial Officer, sold 2,100 shares of common stock for $35.01 per share on September 25, 2025, pursuant to a pre-arranged 10b5-1 trading plan.

Summary

• Rebecca Clary, Globalstar, Inc.'s VP & Chief Financial Officer, reported a transaction involving the company's common stock.
• On September 25, 2025, Clary disposed of 2,100 shares of Voting Common Stock.
• The shares were sold at a price of $35.01 per share.
• This sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by the reporting person on June 26, 2025.
• Following this transaction, Rebecca Clary beneficially owns 105,661 shares of Globalstar's Voting Common Stock directly.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of an insider stock transaction executed under a pre-arranged trading plan, which typically has a neutral sentiment impact as it's not indicative of new fundamental company performance.

Positives

• The transaction was conducted under a Rule 10b5-1 trading plan, indicating a pre-scheduled sale not based on immediate material non-public information, which enhances transparency and reduces concerns about opportunistic insider trading.

Negatives

• The sale of shares by a key executive, such as the Chief Financial Officer, could be perceived negatively by some investors, potentially signaling a lack of confidence, even if pre-planned.

Future Outlook

No forward-looking statements or guidance were provided in this insider transaction disclosure.

Industry Context

This filing is a routine insider transaction disclosure and does not provide information directly related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: May interpret the sale as a signal, though the existence of a 10b5-1 plan mitigates concerns about opportunistic selling.

Key Dates

Keywords

Globalstar, GSAT, Insider Transaction, Form 4, Rebecca Clary, 10b5-1 Plan, Stock Sale, CFO