Globalstar (GSAT) CFO Rebecca Clary Sells 24,100 Shares

What Happened Rebecca Clary, Chief Financial Officer of Globalstar, sold 24,100 shares in open-market transactions on August 14, 2026, generating proceeds of approximately $1,980,352. The filing reports a volume-weighted average price (VWAP) of $82.17 per share; individual trade prices ranged from $82.00 to $82.70.

Key Details

• Transaction date: August 14, 2026 (reported on Form 4 filed August 17, 2026).
• Transaction type: Sale (open market), total shares sold: 24,100, VWAP $82.17, total proceeds ~$1,980,352.
• Price range: $82.00 to $82.70 per share (footnote F1 notes multiple transactions; VWAP reported).
• Footnote F2: Filing notes 362 shares were acquired under the company’s Employee Stock Purchase Plan on June 14, 2026.
• Filing timeliness: Reported on Aug 17 for an Aug 14 trade — appears to be filed within the typical Form 4 deadline (two business days).
• No 10b5‑1 plan or other special instruction is indicated in the provided excerpt; the filer offers to provide per‑price trade counts on request (F1).

Context This was a sale by a senior executive; sales are common and can reflect many reasons (liquidity, diversification, taxes) and do not by themselves indicate a change in company outlook. The filing does not include the insider’s post‑transaction holdings in the supplied excerpt; request the full Form 4 or consult EDGAR for exact ownership levels and any additional disclosures.