HASLER WILLIAM A 4

What Happened

• William A. Hasler, a director of Globalstar, Inc. (GSAT), was granted 3,333 restricted shares on May 11, 2026. The reported acquisition price is $0, so the filing shows $0 total cost at grant. This was an equity award (grant) under the company's incentive plan, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-11; Filing date (Form 4): 2026-05-21 (filed 10 days after the transaction).
• Price reported: $0.00 per share; total reported cost at grant: $0.
• Shares granted: 3,333 restricted common shares.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote: Awarded restricted stock vests on May 11, 2027 (per filing footnote).
• Timeliness: The Form 4 was filed 10 days after the transaction date (later than the typical two-business-day filing window for Form 4s).

Context

• This was a compensation-related restricted stock grant. Such awards are common for directors and executives as part of pay plans; they vest over time (here, one year) and do not represent an immediate cash purchase or sale. Because the shares are restricted and subject to vesting, the grant by itself is routine compensation and does not necessarily indicate the insider's view of near-term stock performance.