The number of shares of stock options and exercise prices reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock split effected on February 10, 2025. | The number of shares of stock options and exercise prices reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock split effected on February 10, 2025.
JACOBS PAUL E
Chief Executive Officer, Director·Direct
Sell · Dispose
Voting Common Stock
Shares-713
Price$59.56
Total Value$42.5K
Shares Owned After67.03K
Transaction DateMar 19, 2026
Footnotes ▸
Shares sold in accordance with a mandatory sell-to-cover program maintained by the registrant to cover additional taxes due upon the vesting of a restricted stock award granted 3/10/2026.
JACOBS PAUL E
Chief Executive Officer, Director·Direct
Exercise · Acquire
Voting Common Stock
Shares+2.22K
Price$32.85
Total Value$73.0K
Shares Owned After67.75K
Transaction DateMar 19, 2026
Footnotes ▸
The number of shares of stock options and exercise prices reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock split effected on February 10, 2025. | The number of shares of stock options and exercise prices reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock split effected on February 10, 2025.
JACOBS PAUL E
Chief Executive Officer, Director·Direct
Sell · Dispose
Voting Common Stock
Shares-1
Price$59.58
Total Value$59.58
Shares Owned After67.75K
Transaction DateMar 19, 2026
Footnotes ▸
Shares sold in accordance with a mandatory sell-to-cover program maintained by the registrant to cover additional taxes due upon the vesting of a restricted stock award granted 3/10/2026.
JACOBS PAUL E
Chief Executive Officer, Director·Direct
Exercise · Dispose
Stock Option (Right to Buy)Derivative
Shares-2.22K
Price$0.00
Total Value$0
Shares Owned After4.44K
Transaction DateMar 19, 2026
ExpiresJan 6, 2035
JACOBS PAUL E
Chief Executive Officer, Director·Direct
Exercise · Dispose
Stock Option (Right to Buy)Derivative
Shares-4.44K
Price$0.00
Total Value$0
Shares Owned After2.22K
Transaction DateMar 19, 2026
ExpiresJan 2, 2034
JACOBS PAUL E
Chief Executive Officer, Director·Indirect · By Trust
Voting Common Stock
Shares0
Price-
Total Value$0
Shares Owned After1.12M
Post-Transaction Holdings
JACOBS PAUL E
Security
Shares
Change
Stock Option (Right to Buy)
4.44K
-6.67K (-60.00%)
Voting Common Stock
1.18M
+5.95K (0.51%)
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-03-19
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: Globalstar, Inc. (GSAT)
CIK: 0001366868
--- Reporting Owner ---
Name: JACOBS PAUL E
CIK: 0001191310
Role: Director, Officer (Chief Executive Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Voting Common Stock
Date: 2026-03-19 | Code: M (Exercise of derivative)
Shares: +4,444 | Price: $28.05
Total Value: $124,654.20
Shares Owned After: 65,524 | Ownership: D (Direct)
Footnotes:
[F1] The number of shares of stock options and exercise prices reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock split effected on February 10, 2025.
[F1] The number of shares of stock options and exercise prices reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock split effected on February 10, 2025.
[Transaction #2]
Security: Voting Common Stock
Date: 2026-03-19 | Code: M (Exercise of derivative)
Shares: +2,222 | Price: $32.85
Total Value: $72,992.70
Shares Owned After: 67,746 | Ownership: D (Direct)
Footnotes:
[F1] The number of shares of stock options and exercise prices reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock split effected on February 10, 2025.
[F1] The number of shares of stock options and exercise prices reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock split effected on February 10, 2025.
[Transaction #3]
Security: Voting Common Stock
Date: 2026-03-19 | Code: S (Open market sale)
Shares: -1 | Price: $59.58
Total Value: $59.58
Shares Owned After: 67,745 | Ownership: D (Direct)
Footnotes:
[F2] Shares sold in accordance with a mandatory sell-to-cover program maintained by the registrant to cover additional taxes due upon the vesting of a restricted stock award granted 3/10/2026.
[Transaction #4]
Security: Voting Common Stock
Date: 2026-03-19 | Code: S (Open market sale)
Shares: -713 | Price: $59.56
Total Value: $42,466.28
Shares Owned After: 67,032 | Ownership: D (Direct)
Footnotes:
[F2] Shares sold in accordance with a mandatory sell-to-cover program maintained by the registrant to cover additional taxes due upon the vesting of a restricted stock award granted 3/10/2026.
--- Derivative Transactions ---
[Transaction #1]
Security: Stock Option (Right to Buy)
Date: 2026-03-19 | Code: M (Exercise of derivative)
Shares: -4,444 | Price: $0.00
Exercisable: N/A | Expires: 2034-01-02
Shares Owned After: 2,222 | Ownership: D (Direct)
[Transaction #2]
Security: Stock Option (Right to Buy)
Date: 2026-03-19 | Code: M (Exercise of derivative)
Shares: -2,222 | Price: $0.00
Exercisable: N/A | Expires: 2035-01-06
Shares Owned After: 4,444 | Ownership: D (Direct)
--- Holdings ---
[Holding #1]
Security: Voting Common Stock
Ownership: I (Indirect)
--- Footnotes (Complete Index) ---
F1: The number of shares of stock options and exercise prices reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock split effected on February 10, 2025.
F2: Shares sold in accordance with a mandatory sell-to-cover program maintained by the registrant to cover additional taxes due upon the vesting of a restricted stock award granted 3/10/2026.
--- Signature ---
/s/ Kelly C. Simoneaux, attorney-in-fact for Paul E. Jacobs (2026-03-19)