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EdgarHawk

Taylor Timothy Evan

VP, Finance & Operations

Director Officer
3 filings analyzed · 1 company · Latest 2025-09-12

Companies

Company Buys Sells Direction
Globalstar, Inc. GSAT 0 13 Net selling

Activity

September 2025
2025-09-12 Globalstar, Inc. GSAT
medium
Sell
52,667 shares
$1,656,177
Significance 6/10

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.

March 2025
2025-03-14 Globalstar, Inc. GSAT
medium
Sell
52,666 shares
$1,144,792
Significance 4/10

VP Finance sells 52,666 shares at avg $21.74 for $1.1M; stock now -37.9% from 52-week high

Taylor Timothy Evan (VP, Finance & Operations) executed 4 separate sales totaling 52,666 shares for $1,144,792.04 across March 12–13, 2025, reducing holdings by 12.4% to 372,911 shares. The sales occurred at a blended average price of $21.74, while the stock currently trades at $21.33 (30-day return +1.3%, 90-day return -27.1%, and 37.9% below the 52-week high of $34.35). Across his prior 3 sales at GSAT, the insider's 90-day post-sale returns averaged +1,053.8%, meaning stocks climbed substantially after his prior exits—a pattern indicating poorly-timed sells. Company fundamentals show revenue of $72.3M in the latest quarter with net income of $9.9M, though full-year net income was negative and the company faces recent 27.1% downward price pressure over 90 days. The timing of this multi-transaction sale relative to an extended recent decline and the persistent pattern of selling before subsequent rallies merits monitoring of forward guidance and capital deployment.

December 2024
2024-12-13 Globalstar, Inc. GSAT
high
Sell
3,500,000 shares
$7,752,850
Significance 6/10

VP Finance & Operations sells 3.50M GSAT shares at $2.22; retains 6.38M; stock now $29.25 (+1150% since sale)

Taylor Timothy Evan, VP of Finance & Operations, sold 3,500,000 shares of Globalstar on 2024-12-11 at $2.22, reducing holdings from 9,883,649 to 6,383,649 shares (-35.4% of pre-transaction holdings) for total proceeds of $7,752,850.00. The stock has since appreciated dramatically—current price is $29.25, placing this sale at 92.4% below current levels despite the stock being only -14.8% from its 52-week high of $34.35. Examining his prior transaction history at GSAT reveals two sells on 2024-03-13 and 2024-03-14 with subsequent 90-day returns of +1055.8% and +1084.3% respectively—both poorly timed exits that preceded substantial gains, with zero well-timed sells across these two trades. Alongside strong fundamentals showing +50.7% annual revenue growth and $9,934,000 in net income in the latest quarter, the timing pattern suggests this insider may face repeated execution challenges in recognizing near-term inflection points in the stock's trajectory.

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