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.