Globalstar Inc.

Last updated September 27, 2026

Organization details

Legal name
Globalstar Inc.
Ownership
Public
Status
Active
Sector (GICS)
Communication Services
SIC code
4899 — Communications Services, NEC
Jurisdiction of incorporation
Delaware
Headquarters city
Covington
Headquarters state / province
Louisiana
Headquarters country
United States
Fiscal year end
December
Ticker symbol
GSAT
Primary stock exchange
Nasdaq

Identifiers

SEC CIK
0001366868
EIN
41-2116508

Board of directors

Chief executives

Paul E. Jacobs · Chief Executive Officer
Since August 2023
100 CEO score

Outstanding · grade A+

Out of 100, from shareholder return, dividends, growth and acquisitions.

Partial: only 20% of the scoring weight is on file.

Revenue growth 20%
100

22.5% a year in revenue

20% of the scoring weight is on file. Figures cover December 2022 – December 2025.

Director election results

Annual meeting of May 13, 2026. Support is votes for as a share of votes for and against (or withheld). Below 80% is a clear protest.

Board connections

2 of this board's directors also sit on 3 other boards.

Network of Globalstar Inc.'s board connections Arm Holdings plc Arm Holdings plc Dropbox Inc. Dropbox Inc. Palladyne AI Corp. Palladyne AI Corp. Benjamin G. Wolff Benjamin G. Wolff Paul E. Jacobs Paul E. Jacobs Globalstar Inc.
Shared director Other board Same sector

Insider trades

All notable trades →

From SEC Forms 4 and 5. Open-market purchases and sales are highlighted; grants, option exercises and shares withheld for tax are routine.

Bought, last 12 months
$29,839,232
1 purchase by 1 insider
Sold, last 12 months
$66,416,131
39 sales by 6 insiders
Date Insider Transaction Shares Price Value
Sep 21, 2026 Ponder L Barbee IV Officer (General Counsel) Open-market sale −1,692 $82.96 $140,368
Sep 18, 2026 James Monroe III Director, 10% owner Open-market purchase +361,600 $82.52 $29,839,232
Sep 18, 2026 James F. Lynch Director Open-market sale −361,600 $82.52 $29,839,232
Sep 18, 2026 Ponder L Barbee IV Officer (General Counsel) Grant or award +4,000 — —
Aug 27, 2026 Benjamin G. Wolff Director Option exercise +6,666 $17.40 $115,988
Aug 27, 2026 Benjamin G. Wolff Director Option exercise +6,666 $19.50 $129,987
Aug 27, 2026 Benjamin G. Wolff Director Option exercise +4,444 $28.05 $124,654
Aug 27, 2026 Benjamin G. Wolff Director Option exercise +2,222 $32.85 $72,993
Aug 27, 2026 Benjamin G. Wolff Director Open-market sale −19,998 $81.98 $1,639,436
Aug 26, 2026 James F. Lynch Director Open-market sale −110,000 $81.78 $8,995,800
Aug 21, 2026 Benjamin G. Wolff Director Option exercise +6,666 $7.05 $46,995
Aug 21, 2026 Benjamin G. Wolff Director Option exercise +6,666 $8.11 $54,061
Aug 21, 2026 Benjamin G. Wolff Director Option exercise +6,666 $5.08 $33,863
Aug 21, 2026 Benjamin G. Wolff Director Open-market sale −19,998 $82.21 $1,644,036
Aug 14, 2026 Clary Rebecca Officer (VP & Chief Financial Officer) Open-market sale −24,100 $82.17 $1,980,297

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Questions about Globalstar Inc.

Who is the CEO of Globalstar Inc.?

Paul E. Jacobs has been Globalstar Inc.'s Chief Executive Officer since August 2023.

How many directors are on Globalstar Inc.'s board?

Globalstar Inc.'s board has 8 directors: Benjamin G. Wolff, James F. Lynch, James Monroe III, Keith O. Cowan, Michael J. Lovett, Paul E. Jacobs, Timothy Evan Taylor and William A. Hasler.

Are Globalstar Inc. insiders buying or selling shares?

Over the last 12 months, Globalstar Inc. insiders bought $29.8 million of shares in 1 purchase and sold $66.4 million of shares in 39 sales on the open market, as reported to the SEC on Forms 4 and 5.

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