Clary Rebecca 4

What Happened
Rebecca Clary, Chief Financial Officer of Globalstar, sold 920 shares of GSAT on June 4, 2026 at $81.75 per share, for total proceeds of $75,210. The transaction is a sale (not a purchase), and was executed pursuant to a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date and price: June 4, 2026 — 920 shares sold at $81.75 each.
• Total proceeds: $75,210.
• Transaction type: Sale (open market or private sale as reported).
• Footnote: Sale was made under a Rule 10b5-1 trading plan adopted by Clary on June 26, 2025.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Report filed on June 4, 2026 (same day as the transaction), no late filing indicated.

Context
10b5-1 trading plans allow insiders to sell or buy shares according to a pre-set schedule, which can make routine liquidity actions less indicative of the insider’s current view of the company. Sales are common for liquidity or diversification and do not necessarily signal negative expectations about the business.