[144] Globalstar, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 notice for Globalstar, Inc. (GSAT): A holder intends to sell 53,479 shares of Common stock on or about 09/25/2025 through Muriel Siebert & Co. The filing states the aggregate market value of the shares to be sold is $1,869,086.00 and reports 126,672,742 shares outstanding for the class. The shares were acquired on 09/24/2025 by equity award vesting from the issuer and payment is listed as compensation. The filing indicates no securities of the issuer were sold by the person in the prior three months and includes the standard representation that the seller is not aware of any undisclosed material adverse information about the issuer.

Positive

• Acquisition method disclosed: Shares were acquired by equity award vesting (09/24/2025), providing a clear provenance for the securities.
• Full disclosure of sale details: Number of shares (53,479), aggregate market value ($1,869,086.00), broker (Muriel Siebert & Co.), and proposed sale date (09/25/2025) are all provided.

Negative

• Proposed insider sale: The filer intends to sell 53,479 shares, which may be viewed by some investors as insider selling.
• No contextual governance details: The filing does not state the seller's role or whether a 10b5-1 plan exists or its adoption date.

Insights

Securities Analyst

TL;DR: Routine Form 144 filing disclosing a planned sale of vested equity of 53,479 shares (approx. $1.87M) on 09/25/2025.

The notice documents a proposed sale pursuant to Rule 144 after an equity award vested 09/24/2025, with the transaction to be executed through Muriel Siebert & Co. The filing provides basic required facts: number of shares, aggregate market value, outstanding share count, acquisition date, and nature of payment (compensation). This is a compliance disclosure rather than a financial performance statement; it does not provide operational or earnings information. Investors should treat this as an insider disposition filing that meets Rule 144 reporting requirements.

Corporate Governance Expert

TL;DR: Disclosure indicates an insider/beneficiary sale following vesting, with the filer certifying absence of undisclosed material adverse information.

The form records that the securities were acquired by vesting from the issuer and will be sold shortly thereafter, and it includes the certification language required by the form regarding material information and, if applicable, trading plans. The filing contains no additional context on the role of the seller, any trading plan adoption date, or other governance details. As provided, it is a routine regulatory notice documenting an intended sale under Rule 144.

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	Muriel Siebert & Co. 18045 Oak Street Omaha NE 68130	53479	1869086.00	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	09/24/2025	Equity Award Vesting	Issuer			53479	09/24/2025	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

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 GSAT Form 144 disclose about the proposed sale?

The filing shows a proposed sale of 53,479 Common shares on or about 09/25/2025 through Muriel Siebert & Co. with an aggregate market value of $1,869,086.00.

How were the shares being sold acquired according to the filing?

The shares were acquired on 09/24/2025 by equity award vesting from the issuer and payment is listed as compensation.

Does the filing report any sales of issuer securities in the past three months?

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

What broker is handling the proposed sale?

The proposed sale is to be handled by Muriel Siebert & Co., 18045 Oak Street, Omaha NE 68130.

What representation does the filer make about material information?

By signing, the filer represents they do not know of any material adverse information about the issuer that has not been publicly disclosed.