Clary Rebecca 4

What Happened

• Rebecca Clary, Chief Financial Officer of Globalstar, sold 351 shares on March 10, 2026, at $55.38 per share, for total proceeds of about $19,439. The sale was a disposition (S) reported on a Form 4.

Key Details

• Transaction date and price: 2026-03-10, 351 shares at $55.38 each.
• Total proceeds: approximately $19,439.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote: Sale executed under the company’s mandatory sell-to-cover program to cover taxes due upon partial vesting of a restricted stock award granted 3/7/2025 (per filing footnote F1).
• Filing timeliness: Form 4 filed the same day (2026-03-10); no late-filing indication.

Context

• This sale appears to be a routine tax-withholding transaction related to the partial vesting of restricted stock, not an open-market discretionary sale for investment reasons. Such sell-to-cover transactions are common and typically reflect tax obligations rather than a signal about the insider’s view of the company.