Form 4: Globalstar Director Sells Shares
Insider Transaction (Form 4)
James F Lynch, a Director of Globalstar, Inc., sold 110,000 shares of common stock on August 26, 2026 for $81.78 per share.
Summary
- Open-market sale: disposed of 110,000 Voting Common Stock at $81.78 ($8,995,393) on August 26, 2026; holds 712,714 after (Indirect).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $8,995,393 of stock on the open market.
Insider Transactions
James F Lynch — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-26 | Open-market sale | Voting Common Stock | 110,000 | $82 | $9.0M | 712,714 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-26 | Open-market sale (110,000 shares) |
Keywords
insider transaction, Form 4, GSAT, Globalstar, Inc., bearish, James F Lynch
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