GSAT insider ownership: who sold, why, and what they still hold

What stands out

Five insiders sold $62.7M with no disclosed plan: James Lynch ($38.8M), Timothy Taylor ($12.4M) and Benjamin Wolff ($8.0M), plus 2 more. The filings don't state a reason.James Lynch: largest such sale, Sep 18, 2026 · Timothy Taylor: largest such sale, Aug 12, 2026 · Benjamin Wolff: largest such sale, Aug 12, 2026

Selling picked up in the last 90 days: officers and directors sold 761K shares, against an average of 22K per 90 days earlier in the period. Most of it was James Lynch (472K shares in the last 90 days) and Timothy Taylor (150K shares in the last 90 days); 0% of these sales were under disclosed plans.James Lynch: largest recent sale, Sep 18, 2026 · Timothy Taylor: largest recent sale, Aug 12, 2026

A share of stake is shown for 0 of the 6 officers and directors who sold. 9 are left out

Left out: James Monroe III, Paul Jacobs, James Lynch, Timothy Taylor, Barbee Ponder IV, Rebecca Clary, William Hasler, Keith Cowan and Benjamin Wolff (share of stake is being verified).

Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

James Lynch

Director

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$38.8MNo plan disclosed

Timothy Taylor

VP, Finance & Operations, Director

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$12.4MNo plan disclosed

Benjamin Wolff

Director

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$8.0MNo plan disclosed

Rebecca Clary

VP & Chief Financial Officer

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$5.0M23% planned, 37% to cover taxes 40% no plan disclosed

Barbee Ponder IV

General Counsel

Not confirmed

Share of stake not shown: share of stake is being verified. Why

$2.4M41% to cover taxes 59% no plan disclosed

All 6 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosedOne dollar scale for every month; the tallest bar is labeled

Recent activity

Past 30 days, Sep 14, 2026 to Oct 13, 2026

Sep 21, 2026Barbee Ponder IV sold 1.7K shares ($140K) to cover taxes on vesting stock.

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Barbee Ponder IV General Counsel	1,692	$82.96	n/a	n/a	Sep 21, 2026	Sep 22, 2026

Sep 18, 2026James Lynch sold 362K shares ($29.8M) with no plan disclosed.

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
James Lynch Director	361,600	$82.52	n/a	n/a	Sep 18, 2026	Sep 21, 2026

"% of total stake" is the shares in an event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings are not confirmed, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Common questions

Is the Globalstar, Inc. CEO selling stock?

Yes. Paul Jacobs sold 2.7K shares ($164K) in the past 12 months, none of it under a trading plan disclosed in the filings.

Why are Globalstar, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 2% of sales by value ran under 10b5-1 trading plans disclosed in the filings, 4% were to cover taxes and 94% had no disclosed plan. A trading plan schedules sales in advance.

Are any Globalstar, Inc. insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold6 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
James Lynch Director	$38.8M 472K shares	Not confirmed share of stake is being verified. Why	No plan disclosed
Timothy Taylor VP, Finance & Operations, Director	$12.4M 150K shares	Not confirmed share of stake is being verified. Why	No plan disclosed
Benjamin Wolff Director	$8.0M 97K shares	Not confirmed share of stake is being verified. Why	No plan disclosed
Rebecca Clary VP & Chief Financial Officer	$5.0M 74K shares	Not confirmed share of stake is being verified. Why	23% under a disclosed plan, 37% to cover taxes 40% no plan disclosed
Barbee Ponder IV General Counsel	$2.4M 32K shares	Not confirmed share of stake is being verified. Why	41% to cover taxes 59% no plan disclosed
Paul Jacobs Chief Executive Officer, Director	$164K 2.7K shares	Not confirmed share of stake is being verified. Why	To cover taxes

The full ownership picture0 of 9 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 13, 2025

Sold

Held Oct 13, 2026

Still held

James Monroe III

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for James Monroe III are complete.

Director

n/a

Vesting, gifts, unvested awards and holding lines for James Monroe III

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for James Monroe III are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
6,667	$28.05	Jan 2, 2034	$366K
6,667	$32.85	Jan 6, 2035	$334K
6,666	$64.08	Jan 5, 2036	$126K

Estimate: options held × ($82.96 − strike price), using the most recent insider trade price on Form 4 (Sep 21, 2026), not a market close.

Paul Jacobs

Chief Executive Officer, Director

n/a

−2.7K

n/a

Vesting, gifts, unvested awards and holding lines for Paul Jacobs

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Paul Jacobs are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
6,667	$28.05	Jan 2, 2034	$366K
6,667	$32.85	Jan 6, 2035	$334K
6,666	$64.08	Jan 5, 2036	$126K
2,222	$28.05	Jan 2, 2034	$122K
4,444	$32.85	Jan 6, 2035	$223K

Estimate: options held × ($82.96 − strike price), using the most recent insider trade price on Form 4 (Sep 21, 2026), not a market close.

James Lynch

Director

n/a

−472K

n/a

Vesting, gifts, unvested awards and holding lines for James Lynch

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for James Lynch are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
6,667	$28.05	Jan 2, 2034	$366K
6,667	$32.85	Jan 6, 2035	$334K
6,666	$64.08	Jan 5, 2036	$126K

Estimate: options held × ($82.96 − strike price), using the most recent insider trade price on Form 4 (Sep 21, 2026), not a market close.

Timothy Taylor

VP, Finance & Operations, Director

n/a

−150K

n/a

Vesting, gifts, unvested awards and holding lines for Timothy Taylor

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Timothy Taylor are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
6,667	$28.05	Jan 2, 2034	$366K
6,667	$32.85	Jan 6, 2035	$334K
6,666	$64.08	Jan 5, 2036	$126K

Estimate: options held × ($82.96 − strike price), using the most recent insider trade price on Form 4 (Sep 21, 2026), not a market close.

Barbee Ponder IV

General Counsel

n/a

−32K

n/a

Vesting, gifts, unvested awards and holding lines for Barbee Ponder IV

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Barbee Ponder IV are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Some sales match sales reported by Rebecca Clary exactly (date, shares and price). Possibly the same shares reported by both; the filings don't confirm it.

Rebecca Clary

Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Rebecca Clary are complete.

VP & Chief Financial Officer

n/a

−74K

n/a

Vesting, gifts, unvested awards and holding lines for Rebecca Clary

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Rebecca Clary are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Some sales match sales reported by Barbee Ponder IV exactly (date, shares and price). Possibly the same shares reported by both; the filings don't confirm it.

William Hasler

Director

n/a

Vesting, gifts, unvested awards and holding lines for William Hasler

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for William Hasler are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
6,667	$28.05	Jan 2, 2034	$366K
6,667	$32.85	Jan 6, 2035	$334K
6,666	$64.08	Jan 5, 2036	$126K

Estimate: options held × ($82.96 − strike price), using the most recent insider trade price on Form 4 (Sep 21, 2026), not a market close.

Keith Cowan

Director

n/a

Vesting, gifts, unvested awards and holding lines for Keith Cowan

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Keith Cowan are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
6,667	$28.05	Jan 2, 2034	$366K
6,667	$32.85	Jan 6, 2035	$334K
6,666	$64.08	Jan 5, 2036	$126K

Estimate: options held × ($82.96 − strike price), using the most recent insider trade price on Form 4 (Sep 21, 2026), not a market close.

Benjamin Wolff

Director

n/a

−97K

n/a

Vesting, gifts, unvested awards and holding lines for Benjamin Wolff

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Benjamin Wolff are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
6,667	$28.05	Jan 2, 2034	$366K
6,667	$32.85	Jan 6, 2035	$334K
6,666	$64.08	Jan 5, 2036	$126K
2,222	$28.05	Jan 2, 2034	$122K
4,444	$32.85	Jan 6, 2035	$223K

Estimate: options held × ($82.96 − strike price), using the most recent insider trade price on Form 4 (Sep 21, 2026), not a market close.

Holdings and share of stake for Globalstar, Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$66.8M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $66.8M across 827,418 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Disclosed plan · $1.2M · 2%

98%

The lighter segment is sales with no plan disclosed in the filing ($65.7M), including tax-related sales outside a plan.

No plan disclosed · $62.7M

Sales with no 10b5-1 plan and no tax reference in the filing. $38.8M of it is James Lynch. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: James Lynch, Sep 18, 2026

Taxes

$4.0M of sales (6.0%) cite tax obligations in their footnotes, $1.0M of them also under a plan. Example: Barbee Ponder IV, Sep 21, 2026

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
James Lynch Director	472K	$38.8M	0%	58%	Aug 26, 2026 to Sep 18, 2026
Timothy Taylor VP, Finance & Operations, Director	150K	$12.4M	0%	19%	Aug 12, 2026 to Aug 13, 2026
Benjamin Wolff Director	97K	$8.0M	0%	12%	Aug 11, 2026 to Aug 27, 2026
Rebecca Clary VP & Chief Financial Officer	74K	$5.0M	23%	7%	Oct 16, 2025 to Aug 14, 2026
Barbee Ponder IV General Counsel	32K	$2.4M	0%	4%	Nov 12, 2025 to Sep 21, 2026
Paul Jacobs Chief Executive Officer, Director	2.7K	$164K	0%	0.2%	Jan 7, 2026 to Mar 19, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$193K	$0	$193K	$0
Nov 2025	$1.8M	$1.0M	$799K	$0
Dec 2025	$909K	$0	$909K	$0
Jan 2026	$56K	$0	$56K	$0
Feb 2026	$0	$0	$0	$0
Mar 2026	$312K	$74K	$238K	$0
Apr 2026	$653K	$0	$653K	$0
May 2026	$0	$0	$0	$0
Jun 2026	$75K	$75K	$0	$0
Jul 2026	$0	$0	$0	$0
Aug 2026	$32.8M	$0	$0	$32.8M
Sep 2026	$30.0M	$0	$140K	$29.8M
Oct 2026	$0	$0	$0	$0

Is this normal? Selling year by year5 earlier years to compare with

In line with the past 5 years. 6 insiders sold; the average is 3 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 13, 2026 Latest 12 months	827K	6	$66.8M
Oct 13, 2025 1 year earlier	634K	5	$18.1M
Oct 13, 2024 2 years earlier	445K	4	$7.7M
Oct 14, 2023 3 years earlier	3.21M	4	$60.2M
Oct 14, 2022 4 years earlier	0	0	$0
Oct 14, 2021 5 years earlier	0	0	$0

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty9 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Globalstar, Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology608 filings on record, 49 filed in the 12-month period, and how we read them

All 608 Forms 3, 4 and 5 on record for Globalstar, Inc. (SEC CIK 1366868), filed from Nov 1, 2006 to Sep 22, 2026; 49 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 13, 2026. Prices are the ones reported in each filing, often weighted averages.

Probable 1-for-15 stock split on or before Mar 7, 2025 (first filing that shows post-split balances). Splits aren't reported as transactions; 22 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (23)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Michael Lovett	Jan 4, 2024	43,578 shares, last reported balance as of Jan 2, 2024
David Kagan	Aug 31, 2023	338,350 shares, last reported balance as of Aug 29, 2023
Richard Roberts	Jan 7, 2019	26,720 shares, last reported balance as of Nov 12, 2018
Patrick McIntyre Jr.	Sep 25, 2018	38,731 shares, last reported balance as of Sep 21, 2018
John Kneuer	May 10, 2018	20,367 shares, last reported balance as of Mar 1, 2018
Kenneth Young	May 10, 2018	15,000 shares, last reported balance as of Mar 1, 2018
Anthony Navarra	May 20, 2014	93,777 shares, last reported balance as of May 16, 2014
Frank Bell II	Oct 11, 2012	No balance on record
Dirk Wild	Apr 12, 2011	No balance on record
Joseph Barnett	Nov 12, 2010	No balance on record
Stuart Mar	May 20, 2010	365 shares, last reported balance as of Mar 19, 2010
Fuad Ahmad	Mar 23, 2010	61,139 shares, last reported balance as of Mar 23, 2010
Steven Bell	Dec 30, 2009	74,346 shares, last reported balance as of Dec 29, 2009
William Adler	Dec 23, 2009	5,932 shares, last reported balance as of Dec 22, 2009
Martin Neilsen	Dec 23, 2009	5,327 shares, last reported balance as of Dec 21, 2009
Paul Monte	Nov 12, 2009	3,261 shares, last reported balance as of Nov 10, 2009
Peter Dalton	Sep 24, 2009	33 shares, last reported balance as of Nov 14, 2008
Robert Miller	Sep 24, 2009	41,764 shares, last reported balance as of Sep 23, 2009
Kenneth Jones	Nov 18, 2008	34,280 shares, last reported balance as of Nov 14, 2008
Mark Stevenson	Nov 10, 2008	1,589 shares, last reported balance as of Oct 31, 2008
Thomas Colby	Aug 13, 2008	667 shares, last reported balance as of Jun 6, 2008
Dennis Allen	May 19, 2008	25,577 shares, last reported balance as of May 16, 2008
Megan Fitzgerald		No balance on record

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.

Globalstar, Inc. insiders sold $66.8M in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Recent activity

Common questions

Is the Globalstar, Inc. CEO selling stock?

Why are Globalstar, Inc. insiders selling?

Are any Globalstar, Inc. insiders buying?

The evidence

No plan disclosed · $62.7M

Taxes

Sales by month