4//SEC Filing
JACOBS PAUL E 4
Accession 0001366868-25-000055
CIK 0001366868other
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 5:29 PM ET
Size
6.7 KB
Accession
0001366868-25-000055
Insider Transaction Report
Form 4
Globalstar, Inc.GSAT
JACOBS PAUL E
DirectorChief Executive Officer
Transactions
- Sale
Voting Common Stock
2025-03-28$22.52/sh−209,546$4,718,976→ 0 total(indirect: By Virewirx, Inc. (f/k/a XCOM Labs, Inc.))
Holdings
- 12,374
Voting Common Stock
- 1,116,400(indirect: By Trust)
Voting Common Stock
Footnotes (2)
- [F1]Represents shares sold by Virewirx, Inc. (f/k/a XCom Labs, Inc.) ("XCom") in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended, to an affiliate of the Thermo Companies, which are controlled by James Monroe, III, the Issuer's Executive Chairman. Such shares were acquired by XCom as consideration under the Support Services Agreement and related Intellectual Property License Agreement as more fully described in the Issuer's Current Report on Form 8-K filed with the Commission on August 31, 2023.
- [F2]Represents the closing price of Issuer's common stock on March 27, 2025.
Documents
Issuer
Globalstar, Inc.
CIK 0001366868
Entity typeother
Related Parties
1- filerCIK 0001191310
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 5:29 PM ET
- Size
- 6.7 KB