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Globalstar, Inc. Director's Dealing 2025

Mar 28, 2025

31104_dirs_2025-03-28_b821549e-489f-417c-87c5-6f1dcdd68029.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2025-03-28

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-03-28 Voting Common Stock S 209546 $22.52 Disposed 0 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Voting Common Stock 1116400 Indirect
Voting Common Stock 12374 Direct

Footnotes

F1: Represents shares sold by Virewirx, Inc. (f/k/a XCom Labs, Inc.) ("XCom") in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended, to an affiliate of the Thermo Companies, which are controlled by James Monroe, III, the Issuer's Executive Chairman. Such shares were acquired by XCom as consideration under the Support Services Agreement and related Intellectual Property License Agreement as more fully described in the Issuer's Current Report on Form 8-K filed with the Commission on August 31, 2023.

F2: Represents the closing price of Issuer's common stock on March 27, 2025.