Globalstar Executives Sell Shares to Cover Taxes
Globalstar executives Ponder L Barbee IV and Rebecca Clary sold shares to cover taxes from restricted stock awards. Barbee sold 9,790 shares for $570,994, while Clary sold 17,504 shares totaling $1,023,897. Post-sale, Barbee owns 135,658 shares and Clary owns 98,374 shares.
| Reporter Name | Relationship | Type | Amount | SEC Filing |
|---|---|---|---|---|
| Ponder L Barbee Iv | General Counsel, 10% Owner | Sell | $570,994 | Form 4 |
| Clary Rebecca | VP & Chief Financial Officer, 10% Owner | Sell | $1,023,897 | Form 4 |
Ponder L Barbee IV, General Counsel and 10% Owner of Globalstar, sold 9,790 shares of Voting Common Stock on November 17, 2025, at a volume weighted average price of $58.3243, totaling $570,994, to cover taxes due upon the vesting of a restricted stock award. Following the transaction, Barbee directly owns 135,658 shares of the company.
Rebecca Clary, VP & Chief Financial Officer of Globalstar and a 10% owner, sold a total of 17,504 Voting Common Stock shares across two transactions on November 14 and 17, 2025, for a total sale amount of $1,023,897. The sales were conducted at prices ranging from $60.84 to a weighted average of $58.3243, primarily to cover taxes for a restricted stock award. After these transactions, Clary directly owns 98,374 shares of Globalstar.
