Form 4 for GSAT Globalstar, Inc.
Accepted 2025-03-14 00:00:00 ET · period of report 2025-03-12 · accession 0001366868-25-000046 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2025-03-14 | 2025-03-12+ | GSAT | Taylor Timothy Evan | VP, Fin, Ops, Dir | S - Sale | $21.74 | -52.7K | 399.2K | -12% | -$1.14M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Voting Common Stock | 2025-03-12 | S | D | 25,756 | $22.03 | 399,821 | I By Thermo Investments III, LLC | — | — | (F1) The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 28, 2023. (F2) The shares were sold in multiple transactions at prices ranging from $21.5700 to $22.5700 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| 2 | Common | Voting Common Stock | 2025-03-13 | S | D | 22,700 | $21.33 | 376,544 | I By Thermo Investments III, LLC | — | — | (F1) The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 28, 2023. (F4) The shares were sold in multiple transactions at prices ranging from $21.0300 to $22.0300 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| 3 | Common | Voting Common Stock | 2025-03-13 | S | D | 3,633 | $22.07 | 372,911 | I By Thermo Investments III, LLC | — | — | (F1) The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 28, 2023. (F5) The shares were sold in multiple transactions at prices ranging from $22.0400 to $22.1800 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| 4 | Common | Voting Common Stock | 2025-03-12 | S | D | 577 | $22.61 | 399,244 | I By Thermo Investments III, LLC | — | — | (F1) The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 28, 2023. (F3) The shares were sold in multiple transactions at prices ranging from $22.5850 to $22.6600 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |