Taylor Timothy Evan 4

What Happened
Timothy Evan Taylor, Vice President, Finance & Operations and a Director of Globalstar, received an award of 3,333 restricted shares on May 11, 2026. The reported acquisition price is $0.00 (code A), so no cash was paid for the grant. Per the filing footnote, the awarded shares vest on May 11, 2027. This was a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-11 (reported on Form 4 filed 2026-05-21)
• Transaction type: Award/Grant of restricted stock under the Issuer’s Equity Incentive Plan (code A)
• Shares granted: 3,333 at $0.00 (no cash consideration reported)
• Vesting: Shares vest on May 11, 2027 (footnote F1)
• Shares owned after transaction: Not disclosed in the provided filing details
• Timeliness: Form 4 was filed 10 days after the transaction date — this appears late relative to the usual two-business-day filing requirement (transactionTimeliness = L)

Context
Restricted stock awards are a common form of executive compensation and typically vest over time or upon performance goals; until vesting they may be subject to forfeiture. Because this is a grant (not a purchase or sale), it should be viewed as compensation-related rather than a direct market sentiment signal. The late filing reduces the timeliness of the disclosure for investors.