Form 4: Globalstar Director Sells Shares
Insider Transaction (Form 4)
Benjamin G Wolff, a Director of Globalstar, Inc., sold 19,998 shares of common stock on August 21, 2026 for $82.21 per share.
Summary
- Option exercise/conversion: acquired 6,666 Voting Common Stock at $7.05 ($46,995) on August 21, 2026; holds 10,782 after (Direct).
- Option exercise/conversion: acquired 6,666 Voting Common Stock at $8.11 ($54,035) on August 21, 2026; holds 17,448 after (Direct).
- Option exercise/conversion: acquired 6,666 Voting Common Stock at $5.08 ($33,857) on August 21, 2026; holds 24,114 after (Direct).
- Open-market sale: disposed of 19,998 Voting Common Stock at $82.21 ($1,644,102) on August 21, 2026; holds 4,116 after (Direct).
- Option exercise/conversion: disposed of 6,666 Stock Option (Right to Buy) on August 21, 2026 (Direct).
- Option exercise/conversion: disposed of 6,666 Stock Option (Right to Buy) on August 21, 2026 (Direct).
- Option exercise/conversion: disposed of 6,666 Stock Option (Right to Buy) on August 21, 2026 (Direct).
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $1,644,102 of stock on the open market.
Insider Transactions
Benjamin G Wolff — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-21 | Option exercise/conversion | Voting Common Stock | 6,666 | $7 | $47.0K | 10,782 |
| 2026-08-21 | Option exercise/conversion | Voting Common Stock | 6,666 | $8 | $54.0K | 17,448 |
| 2026-08-21 | Option exercise/conversion | Voting Common Stock | 6,666 | $5 | $33.9K | 24,114 |
| 2026-08-21 | Open-market sale | Voting Common Stock | 19,998 | $82 | $1.6M | 4,116 |
| 2026-08-21 | Option exercise/conversion | Stock Option (Right to Buy) | 6,666 | — | — | 0 |
| 2026-08-21 | Option exercise/conversion | Stock Option (Right to Buy) | 6,666 | — | — | 0 |
| 2026-08-21 | Option exercise/conversion | Stock Option (Right to Buy) | 6,666 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-21 | Option exercise/conversion (6,666 shares) |
| 2026-08-21 | Option exercise/conversion (6,666 shares) |
| 2026-08-21 | Option exercise/conversion (6,666 shares) |
| 2026-08-21 | Open-market sale (19,998 shares) |
| 2026-08-21 | Option exercise/conversion (6,666 shares) |
| 2026-08-21 | Option exercise/conversion (6,666 shares) |
| 2026-08-21 | Option exercise/conversion (6,666 shares) |
Keywords
insider transaction, Form 4, GSAT, Globalstar, Inc., bearish, Benjamin G Wolff
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