Globalstar, Inc. — Director's Dealing 2025

Sep 25, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2025-09-24

Reporting Person: JACOBS PAUL E (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-09-24	Voting Common Stock	M	100000	—	Acquired	112374	Direct
2025-09-25	Voting Common Stock	S	53479	$34.9499	Disposed	58895	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-09-24	Restricted Stock Units	$	M	100000	Disposed		Voting Common Stock (100000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Voting Common Stock	1116400	Indirect

Footnotes

F1: Vesting of a portion of performance-based restricted stock units ("RSUs") granted on 9/25/2023.

F2: Shares sold to cover taxes due upon the vesting of a performance share award in accordance with a mandatory sell-to-cover program maintained by the registrant.

F3: The shares were sold in multiple transactions at prices ranging from $34.6699 to $35.2601 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.

F4: Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in tranches upon the Issuer's common stock achieving certain price thresholds based on the 60-day weighted average closing price per share. The number of shares has been adjusted to reflect the Issuer's 1 for 15 reverse stock spilt effected on February 10, 2025.