Notice of Proposed Sale · 144
Globalstar, Inc.
GSATNASDAQEQUITYCurrent
Notice of Proposed Sale
Structured filing — 144
primary_doc.xml
Notice of proposed sale. The proposed amounts below do not establish that a sale occurred.
Proposed-sale notice
- Issuer
- Globalstar, Inc.
- Issuer CIK
- 0001366868
- SEC file number
- 001-33117
- Phone
- 985-335-1500
- Person for whose account securities are to be sold
- Ponder L Barbee IV
- Relationships to issuer
- Officer
- Street
- 1351 HOLIDAY SQUARE BLVD.,
- City
- COVINGTON,
- State / country code
- LA
- Postal code
- 70433
Securities proposed for sale
| Security | Proposed units | Aggregate market value | Units outstanding | Approximate sale date | Exchange | Broker / market maker |
|---|---|---|---|---|---|---|
| Common | 4,720 | 394,231.86 | 129,563,390 | 08/11/2026 | NASDAQ | Cetera Investment Services |
Broker / market maker — proposed row 1, entry 1
- Name
- Cetera Investment Services
- Street
- 400 First Street South, SW
- Street (continued)
- Suite 300
- City
- St. Cloud
- State / country code
- MN
- Postal code
- 56301
Acquisition of securities to be sold
| Security | Acquired | Nature of acquisition | Acquired from | Amount acquired | Gift transaction | Payment date | Nature of payment |
|---|---|---|---|---|---|---|---|
| Common | 12/14/2017 | Restricted Stock Vesting | Issuer | 781 | N | 12/14/2017 | Compensation |
| Common | 12/14/2021 | Restricted Stock Vesting | Issuer | 23 | N | 12/14/2021 | Compensation |
| Common | 06/14/2022 | Restricted Stock Vesting | Issuer | 1,262 | N | 06/14/2022 | Compensation |
| Commmon | 03/11/2025 | Restricted Stock Vesting | Issuer | 522 | N | 03/11/2025 | Compensation |
| Common | 03/12/2025 | Restricted Stock Vesting | Issuer | 254 | N | 03/12/2025 | Compensation |
| Common | 06/14/2021 | Restricted Stock Vesting | Issuer | 1,878 | N | 06/14/2021 | Compensation |
Sales reported in the preceding three months
| Seller | Security | Sale date | Amount sold | Gross proceeds |
|---|---|---|---|---|
| L. Barbee Ponder IV | Common | 08/07/2026 | 12,045 | 1,000,340.74 |
Seller — prior-sale row 1, entry 1
- Name
- L. Barbee Ponder IV
- Street
- 1351 Holiday Square Blvd.
- City
- Covington
- State / country code
- LA
- Postal code
- 70433
Prior-sale reporting
- Nothing to report for the preceding three months
- N
Notice signature
- Notice date
- 08/11/2026
- Signed
- /s/ Kelly C. Simoneaux, attorney-in-fact for L. Barbee Ponder IV
Company context
Globalstar is a global telecommunications provider connecting what matters most. Through our industry-leading low Earth orbit (LEO) satellite constellation and licensed Band 53/n53 spectrum, we deliver reliable satellite and terrestrial connectivity solutions that empower customers worldwide to connect, transmit, and communicate smarter. Our comprehensive connectivity ecosystem includes software-defined, purpose-built private wireless network platform, coupled with Globalstar Band 53 in XCOM RAN™ and trusted GPS messengers Saved by SPOT™ for safety and personal communication for business and enterprise applications.