Rebecca Clary, VP and Chief Financial Officer of Globalstar, Inc. (NASDAQ:GSAT), filed a Form 4 on August 17, 2026, reporting the sale of 24,100 shares of Voting Common Stock on August 14, 2026.

Key Highlights

  • Shares sold: Rebecca Clary disposed of 24,100 shares of Globalstar Voting Common Stock on August 14, 2026.
  • Volume weighted average price: The reported sale price was $82.1723 per share, reflecting a range of $82.0000 to $82.7000 across multiple transactions.
  • Remaining ownership: Following the transaction, Clary beneficially owns 96,540 shares directly.
  • ESPP shares: The post-transaction total includes 362 shares acquired under the registrant's Employee Stock Purchase Plan on June 14, 2026.
  • Transaction code: The filing records the transaction under code "S," indicating an open-market sale.

Globalstar CFO Share Sale: Transaction Details and Beneficial Ownership

According to the Form 4 filed with the SEC on August 17, 2026, Rebecca Clary, serving as VP and Chief Financial Officer of Globalstar, Inc., sold 24,100 shares of Voting Common Stock on August 14, 2026. The filing reports the transaction under code "S" and records a volume weighted average price of $82.1723 per share. The shares were disposed of directly.

The filing notes that the sale was conducted across multiple transactions at prices ranging from $82.0000 to $82.7000 per share. According to the filing, "The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price." No Rule 10b5-1 plan designation box is checked in the filing.

Following the reported transaction, Clary's direct beneficial ownership stands at 96,540 shares. The filing discloses that this total includes 362 shares acquired under the registrant's Employee Stock Purchase Plan on June 14, 2026. The Form 4 was signed by Kelly C. Simoneaux, identified as attorney-in-fact for Rebecca Clary, and filed on August 17, 2026. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

Globalstar's CFO, Rebecca Clary, reported the open-market sale of 24,100 shares of Voting Common Stock at a volume weighted average price of $82.1723, leaving her with direct beneficial ownership of 96,540 shares following the transaction.