[144] Globalstar, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice for Globalstar, Inc. (GSAT): The filer reports a proposed sale of 2,100 shares of Common stock via Fidelity Brokerage Services LLC to be executed on 09/25/2025 on NASDAQ with an aggregate market value of $73,521.00. The 2,100 shares were acquired through restricted stock vesting in December 2020 (lots of 1,143; 71; and 886 shares) and were recorded as compensation. No securities were reported sold by the same person in the past three months. The filer affirms they are not aware of any undisclosed material adverse information about the issuer.

Insights

Securities Analyst

TL;DR: Routine insider sale notice for a small block of shares acquired as compensation in 2020.

The filing documents a proposed sale of 2,100 common shares through a broker on NASDAQ with an aggregate value of $73,521. The shares were granted via restricted stock vesting in December 2020 and reported as compensation. No sales in the prior three months are reported, which suggests this is an isolated, routine disposition rather than part of a larger accelerated selling pattern. For most investors, the size of the block relative to the company's total outstanding shares appears immaterial based on the disclosed outstanding share count.

Corporate Governance Expert

TL;DR: Standard Rule 144 notice meeting disclosure requirements; no material governance red flags evident.

The form includes required acquisition details (dates, nature of acquisition, and consideration) and specifies the broker, planned sale date, and market value. The signer expressly represents no undisclosed material adverse information. Because the filing shows shares were from restricted stock vesting and no recent sales, this aligns with normal insider compensation monetization under Rule 144 rather than opportunistic insider trading tied to undisclosed events.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	2100	73521.00	126672742	09/25/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/07/2020	Restricted Stock Vesting	Issuer			1143	12/07/2020	Compensation
Common	12/08/2020	Restricted Stock Vesting	Issuer			71	12/08/2020	Compensation
Common	12/11/2020	Restricted Stock Vesting	Issuer			886	12/11/2020	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for Globalstar (GSAT) disclose?

It discloses a proposed sale of 2,100 common shares via Fidelity on 09/25/2025 on NASDAQ, aggregate value $73,521.00.

How were the 2,100 GSAT shares acquired?

All 2,100 shares were acquired through restricted stock vesting in December 2020 and recorded as compensation.

Were any GSAT shares sold by the same person in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months.

Which broker will execute the GSAT sale and where will it trade?

The broker is Fidelity Brokerage Services LLC (900 Salem Street, Smithfield RI) and the sale is to occur on NASDAQ.

Does the filer assert possession of any undisclosed material information about Globalstar?

By signing, the filer represents they do not know any material adverse information