GSAT Globalstar, Inc. Insider Trading

GSAT CFO Clary Rebecca sells 17,504 shares for $1,023,897.20 in 2 transactions; reduces holdings by -15.1%

Clary Rebecca, VP & Chief Financial Officer of Globalstar, Inc., executed 2 separate sales totaling 17,504 shares for $1,023,897.20, reducing her holdings from 115,878 shares to 98,374 shares (-15.1%). The sales occurred at $60.84 and $58.32 on 2025-11-14 and 2025-11-17 respectively, with a blended average price of $58.50, near the current price of $59.19. The company's fundamentals show recent quarterly revenue of $73,845,000 with net income of $1,090,000, but full-year results were negative. The stock has risen 135.1% over 90 days and is currently 8.1% below its 52-week high of $64.38. As a senior finance executive executing a material reduction in personal holdings during a period of significant stock appreciation, this activity warrants monitoring for what patterns may emerge around company financial performance and capital allocation decisions.

General Counsel Ponder L Barbee IV sold 9,790 shares of GSAT at $58.32 (value: $571.0K); retains 135.7K shares.

Ponder L Barbee IV, as General Counsel, executed a sale of 9,790 shares at $58.32 on 2025-11-17, reducing his stake by -6.7% versus pre-transaction holdings. The transaction occurred near the 52-week high of $64.38, with the stock currently trading -8.1% from that peak. While the 90-day return context shows the stock up +135.1% over that period, the sale itself represents a modest reduction (less than 7%) rather than a material exit from the company. The insider retained a substantial 135.7K share position post-transaction. Globalstar remains unprofitable on a full-year basis despite recent quarterly positive earnings and +11.9% annual revenue growth, which suggests operational volatility that may warrant investor attention to earnings quality and sustainability.

CEO Jacobs sold 53.5K shares of GSAT at $34.95 on 2025-09-25; holdings reduced 47.6% to 58.9K

Paul Jacobs, CEO of Globalstar, divested 53,479 shares (47.6% of his pre-transaction holdings) at $34.95, reducing his stake to 58.9K shares. At his prior three sales at GSAT, outcomes were mixed: a sell on 2025-03-28 suffered a 30d decline of -12.9% before recovering to +4.0% over 90 days; a June 2024 sale showed exceptional 90d appreciation of +1591.6%; and an August 2023 sale delivered +1988.8% over 90 days. Notably, none of those three prior sales achieved negative 90-day returns, meaning 0 of 3 prior GSAT sells were well-timed at the 90-day mark. The stock currently trades at $34.65 (near the sale price of $34.95) and stands -8.7% below its 52-week high of $37.94, though it is +47.2% over the prior 90 days. Fundamentals show the company generated $67.1M in quarterly revenue with $19.2M net income in the latest period; however, the company was unprofitable over its most recent full fiscal year, presenting a mixed picture alongside +11.9% annual revenue growth.

VP Finance sells 52,667 GSAT shares across 8 transactions for $1.7M; 14.1% of holdings at avg $31.45

Taylor Timothy Evan executed 8 separate sales totaling 52,667 shares for $1,656,176.57, reducing his holdings by 14.1% to 320,244 shares. The blended average transaction price of $31.45 sits notably above the current price of $29.94, placing the sale near recent strength: the stock is +9.0% over 30 days and +36.4% over 90 days, but remains -21.1% from its 52-week high of $37.94. His cross-ticker track record shows strong timing discipline (90d well-timed rate of 42.86%), but at GSAT specifically, his prior 5 sells show mixed outcomes: 3 of 5 were well-timed at the 90-day mark, with one spectacular call (2024-12-11 sell returning +1179.8% in 30 days) offset by three March 2025 sales that underperformed. The company itself is generating positive quarterly net income ($19.2M on $67.1M revenue), though it was unprofitable on a full-year basis. This sale occurs during a period of significant upward momentum, which may reflect opportunistic liquidation at elevated prices rather than a directional conviction signal.

Director Monroe James III buys 50,000 GSAT shares at $18.68; stock now -46.5% from 52-week high, down 6.1% in 30 days.

Monroe James III purchased 50,000 shares of Globalstar on 2025-05-16 at $18.68, adding to an already substantial 58.83M share position. The stock has since declined to $18.38, continuing a broader downturn: -6.1% over 30 days and -17.5% over 90 days, with the current price sitting 46.5% below its 52-week high of $34.35. His prior trades at GSAT show negative 30-day returns (-10.4% to -12.9%), and across his cross-ticker track record, his 20 prior buys averaged +998.1% return over 30 days and +1102.7% over 90 days with a 100% win rate—but none of those outsized gains have materialized at this ticker. The company remains unprofitable (full-year net income was negative) despite 11.9% annual revenue growth, creating a disconnect between the insider's historical execution elsewhere and current outcomes at GSAT.

Director Monroe James III bought 25,000 shares of GSAT at $18.77 on 2025-05-14; stock now $18.66, down 45.7% from 52-week high.

Monroe James III, a director holding 58.78M shares post-transaction, purchased 25,000 shares at $18.77, extending a pattern of recent accumulation at Globalstar—he bought shares on five separate occasions between March 19 and May 14, 2025. However, the timing of these purchases has been adverse: his prior four trades at GSAT generated 30-day losses ranging from -9.9% to -12.9%, and the stock has declined 45.7% from its 52-week high of $34.35, now trading at $18.66. While his cross-ticker track record shows an impressive 100% 90-day win rate across 20 prior open-market buys with an average 90-day return of +1102.7%, this same-ticker history at GSAT presents a contrasting pattern of underwater positions immediately following his purchases. The company remains unprofitable with a net loss of $17.3M on $60.0M quarterly revenue, adding fundamental headwinds to the price weakness.

Director Monroe James III bought 50,000 shares of GSAT at $18.56; stock down 44.5% from 52-week high, prior GSAT buys underwater at 30 days.

Monroe James III (Director) purchased 50,000 shares at $18.56 on 2025-05-12, increasing holdings to 58.76M shares. This occurs as GSAT trades at $19.05, down 44.5% from its 52-week high of $34.35 and down 21.7% over 90 days. The buy is noteworthy because it follows a pattern of five consecutive director purchases at this ticker between 2025-03-18 and 2025-03-28, yet all five earlier same-ticker buys showed negative 30-day returns ranging from -5.9% to -12.9%. The company is unprofitable (net income $-17.3M against revenue of $60.0M), limiting fundamental support for the purchasing thesis. While Monroe's cross-ticker track record shows 20 prior buys with a 100% 90-day win rate and average 90-day return of +1166.0%, his GSAT-specific history diverges sharply—none of the measurable same-ticker outcomes have delivered gains at the 30-day window, undercutting confidence in near-term reversal.

CEO Paul E Jacobs sells entire 209,546 GSAT stake at $22.52 ($4.7M); stock now -38.0% from 52-week high at $21.28

Paul E Jacobs, Chief Executive Officer of Globalstar, liquidated his entire shareholding of 209,546 shares for $4,718,975.92 on March 28, 2025, reducing his post-transaction holdings to 0 shares. The sale price of $22.52 was above the current price of $21.28, but the stock has declined -38.0% from its 52-week high of $34.35 and fallen -34.0% over the past 90 days. At the same ticker, Jacobs' prior two sales (June 2024 and August 2023) showed strongly positive 90-day returns of +1662.0% and +1591.6% respectively, yet neither qualified as well-timed in the 90-day window (0 of 2 prior GSAT sells were well-timed). The company's fundamentals show revenue of $72,307,000.00 and net income of $9,934,000.00 in the latest quarter, with annual revenue growth of +11.9%, but the company was unprofitable over its most recent full fiscal year. The complete exit by the CEO during a period of significant stock weakness and after a pattern of prior sales that failed to precede declines warrants close examination of internal confidence in near-term prospects.

Director Monroe James III buys 209,546 GSAT shares at $22.52 ($4.7M); 5th consecutive purchase in 10 days at declining prices amid -34.0% 90-day drop.

Monroe James III, a Director of Globalstar, purchased 209,546 shares at $22.52 on March 28, 2025, representing a 36.1% increase to his total holdings. This transaction is the fifth open-market buy in ten days (March 18–28), each executed at successively lower prices as GSAT has declined 34.0% over the past 90 days and currently trades 38.0% below its 52-week high of $34.35. Notably, his prior cross-ticker track record shows a 100% 90-day win rate with +1220.9% average return, yet his one measurable same-ticker trade (December 27, 2024 buy yielding +957.9% over 90 days) cannot establish a reliable pattern given only one outcome. The company generated $72.3M quarterly revenue with $9.9M net income (latest quarter) and achieved 11.9% annual revenue growth, though it was unprofitable on a full-year basis, adding complexity to the timing and magnitude of repeated insider accumulation amid significant price deterioration.

Director James buys 50,000 shares of GSAT at $22.31 on 2025-03-21; stock now $23.42, 90-day pattern shows early momentum (+13.3% in 30 days).

Monroe James III purchased 50,000 shares at $22.31 on 2025-03-21, raising his position to 947,273 shares—a 5.6% increase in his holdings. The transaction occurred amid a volatile period: GSAT is currently -31.8% from its 52-week high but +13.3% over the past 30 days, suggesting recent upward momentum following earlier weakness. Notably, James has executed three additional purchases at GSAT on 2025-03-20, 2025-03-19, and 2025-03-18—a concentrated buying sequence over consecutive trading days. His cross-ticker track record shows 20 prior buys with an average 90-day return of +1299.0% and a 100% win rate, though outcomes from his most recent GSAT purchases cannot yet be measured. The company reported latest-quarter revenue of $72,307,000.00 with net income of $9,934,000.00, and annual revenue growth of +11.9%, though the full fiscal year was unprofitable. This series of insider accumulations against a backdrop of significant recent gains warrants tracking to assess whether the director's positioning reflects confidence in near-term catalysts.