GSATNasdaqCommunications Services, NECFiscal year ends December 31
Globalstar, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$83.26+0.88 (+1.07%)
Close on Oct 19, 2026
- Market cap
- $10.75B
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
25.9%
34M of 130M shares
Institutional holders
312
94 new, 59 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
1 buys · 40 sales
Net sold $36.80M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| James Monroe III | 74,058,249 | 57.59% | 13D (active) amendment | Apr 13, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of GSAT | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 3,235,377 | 2.49% | $263.00M | −767,621 | 0.00% |
| Vanguard Capital Management LLC | 2,317,631 | 1.79% | $188.40M | +43,400 | 0.00% |
| Vanguard Portfolio Management LLC | 2,192,445 | 1.69% | $178.22M | −216,639 | 0.01% |
| Norges Bank | 2,084,853 | 1.61% | $169.48M | New | 0.02% |
| Van Eck Associates Corp | 1,427,218 | 1.10% | $116.02M | +452,931 | 0.07% |
| Pentwater Capital Management LP | 1,355,000 | 1.04% | $110.15M | New | 0.67% |
| State Street Corp | 1,288,488 | 0.99% | $104.74M | −249,733 | 0.00% |
| Geode Capital Management, LLC | 1,206,463 | 0.93% | $98.09M | −245,950 | 0.01% |
| Beck Mack & Oliver LLC | 1,104,340 | 0.85% | $89.77M | −12,779 | 1.75% |
| Millennium Management LLC | 1,030,034 | 0.79% | $83.73M | +1,025,963 | 0.03% |
| Arrowstreet Capital, Limited Partnership | 991,118 | 0.76% | $80.57M | +905,612 | 0.04% |
| LMR Partners LLP | 849,611 | 0.65% | $69.06M | New | 0.26% |
| Citadel Advisors LLC | 542,467 | 0.42% | $44.10M | New | 0.01% |
| Ashford Capital Management Inc | 509,700 | 0.39% | $41.43M | −397,831 | 4.44% |
| Alpine Associates Management Inc. | 467,647 | 0.36% | $38.02M | New | 2.38% |
| Penserra Capital Management LLC | 458,858 | 0.35% | $37.30K | +37,302 | 0.29% |
| Citigroup Inc | 447,463 | 0.34% | $36.37M | +440,725 | 0.01% |
| FMR LLC | 418,658 | 0.32% | $34.03M | −490,355 | 0.00% |
| Susquehanna International Group, Llp | 413,418 | 0.32% | $33.61M | −95,248 | 0.00% |
| American Century Companies Inc | 394,851 | 0.30% | $32.10M | −1,114,471 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 312 | 34M | 25.9% | 94 / 89 | 81 / 59 | 13M | 11M |
| Q1 2026 | 280 | 32M | 24.3% | 61 / 88 | 78 / 33 | 9M | 4M |
| Q4 2025 | 257 | 32M | 24.6% | 89 / 73 | 67 / 25 | 4M | 3M |
| Q3 2025 | 195 | 31M | 23.7% | 62 / 53 | 45 / 13 | 4M | 2M |
| Q2 2025 | 146 | 29M | 22.0% | 19 / 44 | 51 / 34 | 4M | 2M |
| Q1 2025 | 162 | 26M | 20.3% | 159 / 0 | 3 / 0 | 25M | 17M |
| Q4 2024 | 3 | 18M | 13.7% | 3 / 0 | 0 / 0 | 18M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of GSAT | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 1,631,581 | 1.26% | $132.63M | 0.01% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 1,181,823 | 0.91% | $96.07M | 0.05% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 680,498 | 0.52% | $55.32M | 0.12% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 589,926 | 0.45% | $47.96M | 0.05% | Jun 30, 2026 |
| iShares U.S. Telecommunications ETF | 376,383 | 0.29% | $30.60M | 2.46% | Jun 30, 2026 |
| iShares Russell Mid-Cap Growth ETF | 304,260 | 0.23% | $24.73M | 0.11% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 293,947 | 0.23% | $24.75M | 0.09% | May 31, 2026 |
| State Street(R) SPDR(R) S&P(R) Telecom ETF | 268,068 | 0.21% | $21.79M | 3.06% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 262,165 | 0.20% | $22.08M | 0.05% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 257,675 | 0.20% | $21.70M | 0.12% | May 31, 2026 |
| Procure Space ETF | 257,322 | 0.20% | $21.46M | 3.65% | Jul 31, 2026 |
| Schwab U.S. Small-Cap ETF | 243,838 | 0.19% | $20.53M | 0.09% | May 31, 2026 |
| Columbia Small Cap Growth Fund | 237,331 | 0.18% | $19.99M | 0.54% | May 31, 2026 |
| iShares Russell Mid-Cap ETF | 211,508 | 0.16% | $17.19M | 0.03% | Jun 30, 2026 |
| Select Telecommunications Portfolio | 211,498 | 0.16% | $17.81M | 6.86% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Timothy Evan Taylor | VP, Finance & Operations, Director | 425,711 | 0.33% | Aug 13, 2026 |
| Paul E. Jacobs | Chief Executive Officer, Director | 1,183,432 | 0.91% | Mar 19, 2026 |
| L. Barbee Ponder IV | General Counsel | 128,891 | 0.10% | Sep 22, 2026 |
| Rebecca Clary | VP & Chief Financial Officer | 111,246 | 0.09% | Aug 17, 2026 |
| James F. Lynch | Director | 408,993 | 0.32% | Sep 21, 2026 |
| James Monroe III | Director, 10% owner | 74,419,849 | 57.37% | Sep 21, 2026 |
| Benjamin G. Wolff | Director | 24,114 | 0.02% | Aug 28, 2026 |
| William A. Hasler | Director | 65,546 | 0.05% | May 21, 2026 |
| Keith O. Cowan | Director | 61,746 | 0.05% | May 21, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| L. Barbee Ponder IV General Counsel | Sep 21, 2026 | Sale | −1,692 | $82.96 | $140.37K | 128,891 |
| L. Barbee Ponder IV General Counsel | Sep 18, 2026 | Award | +4,000 | – | – | 130,583 |
| James F. Lynch Director | Sep 18, 2026 | Sale | −361,600 | $82.52 | $29.84M | 351,114 |
| James Monroe III Director, 10% owner | Sep 18, 2026 | Buy | +361,600 | $82.52 | $29.84M | 408,253 |
| Benjamin G. Wolff Director | Aug 27, 2026 | Option exercise | +2,222 | $32.85 | $72.99K | 24,114 |
| Benjamin G. Wolff Director | Aug 27, 2026 | Option exercise | +4,444 | $28.05 | $124.65K | 21,892 |
| Benjamin G. Wolff Director | Aug 27, 2026 | Sale | −19,998 | $81.98 | $1.64M | 4,116 |
| Benjamin G. Wolff Director | Aug 27, 2026 | Option exercise | +6,666 | $19.50 | $129.99K | 17,448 |
| Benjamin G. Wolff Director | Aug 27, 2026 | Option exercise | +6,666 | $17.40 | $115.99K | 10,782 |
| James F. Lynch Director | Aug 26, 2026 | Sale | −110,000 | $81.78 | $9.00M | 712,714 |
| Benjamin G. Wolff Director | Aug 21, 2026 | Option exercise | +6,666 | $8.11 | $54.06K | 17,448 |
| Benjamin G. Wolff Director | Aug 21, 2026 | Option exercise | +6,666 | $5.08 | $33.86K | 24,114 |
| Benjamin G. Wolff Director | Aug 21, 2026 | Sale | −19,998 | $82.21 | $1.64M | 4,116 |
| Benjamin G. Wolff Director | Aug 21, 2026 | Option exercise | +6,666 | $7.05 | $47.00K | 10,782 |
| Rebecca Clary VP & Chief Financial Officer | Aug 14, 2026 | Sale | −24,100 | $82.17 | $1.98M | 96,540 |
| Timothy Evan Taylor VP, Finance & Operations, Director | Aug 13, 2026 | Sale | −75,000 | $82.82 | $6.21M | 170,244 |
| Timothy Evan Taylor VP, Finance & Operations, Director | Aug 12, 2026 | Sale | −75,000 | $83.15 | $6.24M | 245,244 |
| Benjamin G. Wolff Director | Aug 12, 2026 | Sale | −32,711 | $83.19 | $2.72M | 4,116 |
| Benjamin G. Wolff Director | Aug 11, 2026 | Sale | −24,000 | $83.54 | $2.00M | 36,827 |
| L. Barbee Ponder IV General Counsel | Aug 11, 2026 | Sale | −4,720 | $83.52 | $394.21K | 126,583 |
| L. Barbee Ponder IV General Counsel | Aug 7, 2026 | Sale | −12,045 | $83.21 | $1.00M | 131,303 |
| Rebecca Clary VP & Chief Financial Officer | Jun 4, 2026 | Sale(10b5-1 plan) | −920 | $81.75 | $75.21K | 120,278 |
| Benjamin G. Wolff Director | May 11, 2026 | Award | +3,333 | – | – | 60,827 |
| Timothy Evan Taylor VP, Finance & Operations, Director | May 11, 2026 | Award | +3,333 | – | – | 255,467 |
| Keith O. Cowan Director | May 11, 2026 | Award | +3,333 | – | – | 61,746 |
| William A. Hasler Director | May 11, 2026 | Award | +3,333 | – | – | 65,546 |
| Rebecca Clary VP & Chief Financial Officer | Apr 28, 2026 | Sale | −4,066 | $81.24 | $330.32K | 121,198 |
| Rebecca Clary VP & Chief Financial Officer | Apr 27, 2026 | Award | +9,523 | – | – | 125,264 |
| Rebecca Clary VP & Chief Financial Officer | Apr 15, 2026 | Sale | −4,037 | $79.85 | $322.35K | 115,741 |
| Rebecca Clary VP & Chief Financial Officer | Apr 14, 2026 | Award | +9,524 | – | – | 119,778 |
| Paul E. Jacobs Chief Executive Officer, Director | Mar 19, 2026 | Sale | −713 | $59.56 | $42.47K | 67,032 |
| Paul E. Jacobs Chief Executive Officer, Director | Mar 19, 2026 | Option exercise | +4,444 | $28.05 | $124.65K | 65,524 |
| Paul E. Jacobs Chief Executive Officer, Director | Mar 19, 2026 | Sale | −1 | $59.58 | $60 | 67,745 |
| Paul E. Jacobs Chief Executive Officer, Director | Mar 19, 2026 | Option exercise | +2,222 | $32.85 | $72.99K | 67,746 |
| Rebecca Clary VP & Chief Financial Officer | Mar 11, 2026 | Sale | −762 | $57.31 | $43.67K | 110,254 |
| Paul E. Jacobs Chief Executive Officer, Director | Mar 11, 2026 | Sale | −1,153 | $57.31 | $66.08K | 61,080 |
| L. Barbee Ponder IV General Counsel | Mar 11, 2026 | Sale | −682 | $57.31 | $39.09K | 143,348 |
| Rebecca Clary VP & Chief Financial Officer | Mar 10, 2026 | Award | +1,557 | – | – | 111,016 |
| Paul E. Jacobs Chief Executive Officer, Director | Mar 10, 2026 | Award | +3,403 | – | – | 62,233 |
| Timothy Evan Taylor VP, Finance & Operations, Director | Mar 10, 2026 | Award | +1,310 | – | – | 252,134 |
| L. Barbee Ponder IV General Counsel | Mar 10, 2026 | Award | +1,395 | – | – | 144,030 |
| L. Barbee Ponder IV General Counsel | Mar 10, 2026 | Sale | −492 | $55.38 | $27.25K | 142,635 |
| Rebecca Clary VP & Chief Financial Officer | Mar 10, 2026 | Sale | −351 | $55.38 | $19.44K | 109,459 |
| Rebecca Clary VP & Chief Financial Officer | Mar 3, 2026 | Sale(10b5-1 plan) | −1,210 | $61.10 | $73.93K | 109,810 |
| Paul E. Jacobs Chief Executive Officer, Director | Jan 7, 2026 | Sale | −845 | $65.80 | $55.60K | 58,830 |
| Keith O. Cowan Director | Jan 5, 2026 | Award | +780 | – | – | 58,413 |
| William A. Hasler Director | Jan 5, 2026 | Award | +780 | – | – | 62,213 |
| Timothy Evan Taylor VP, Finance & Operations, Director | Jan 5, 2026 | Award | +780 | – | – | 250,824 |
| James F. Lynch Director | Jan 5, 2026 | Award | +780 | – | – | 57,879 |
| Benjamin G. Wolff Director | Jan 5, 2026 | Award | +780 | – | – | 57,494 |
| Paul E. Jacobs Chief Executive Officer, Director | Jan 5, 2026 | Award | +780 | – | – | 59,675 |
| James Monroe III Director, 10% owner | Jan 5, 2026 | Award | +780 | – | – | 45,880 |
| L. Barbee Ponder IV General Counsel | Dec 29, 2025 | Sale | −1,260 | $61.42 | $77.39K | 135,568 |
| Rebecca Clary VP & Chief Financial Officer | Dec 29, 2025 | Sale | −1,260 | $61.42 | $77.39K | 108,123 |
| L. Barbee Ponder IV General Counsel | Dec 22, 2025 | Sale | −420 | $63.01 | $26.46K | 136,828 |
| Rebecca Clary VP & Chief Financial Officer | Dec 22, 2025 | Sale | −420 | $63.01 | $26.46K | 109,383 |
| Timothy Evan Taylor VP, Finance & Operations, Director | Dec 19, 2025 | Award | +2,811 | – | – | 250,044 |
| L. Barbee Ponder IV General Counsel | Dec 19, 2025 | Award | +2,811 | – | – | 137,248 |
| Rebecca Clary VP & Chief Financial Officer | Dec 19, 2025 | Award | +2,811 | – | – | 109,803 |
| Rebecca Clary VP & Chief Financial Officer | Dec 17, 2025 | Sale | −800 | $57.50 | $46.00K | 107,492 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| L. Barbee Ponder IV Officer | Sep 21, 2026 | 1,692 | $140.36K | Sep 21, 2026 | Restricted Stock Vesting |
| Benjamin G. Wolff Director | Aug 27, 2026 | 19,998 | $1.64M | Aug 27, 2026 | Option Exercises |
| Lynch James Director | Aug 26, 2026 | 110,000 | $8.99M | Aug 26, 2026 | Private transaction |
| Benjamin G. Wolff Director | Aug 21, 2026 | 19,998 | $1.64M | Aug 21, 2026 | Option Grant |
| Rebecca Clary Officer | Aug 14, 2026 | 24,100 | $1.98M | Aug 14, 2026 | Restricted Stock Vesting |
| Taylor Timothy Officer | Aug 13, 2026 | 75,000 | $6.22M | Aug 13, 2026 | Private Transaction |
| Taylor Timothy Officer | Aug 12, 2026 | 75,000 | $6.23M | Aug 12, 2026 | Private transaction |
| L. Barbee Ponder IV Officer | Aug 11, 2026 | 4,720 | $394.23K | Aug 11, 2026 | Restricted Stock Vesting |
| Benjamin G. Wolff Director | Aug 10, 2026 | 56,711 | $4.73M | Aug 10, 2026 | Open Market Purchase |
| L. Barbee Ponder IV Officer | Aug 7, 2026 | 12,045 | $1.00M | Aug 7, 2026 | Restricted Stock Vesting |
| Rebecca Clary Officer | Jun 4, 2026 | 920 | $75.21K | Jun 4, 2026 | Restricted Stock Vesting |
| Rebecca Clary Officer | Apr 28, 2026 | 4,066 | $330.33K | Apr 28, 2026 | Restricted Stock Vesting |
| Rebecca Clary Officer | Apr 15, 2026 | 4,037 | $322.35K | Apr 15, 2026 | Restricted Stock Vesting |
| Paul E. Jacobs Officer, Director | Mar 19, 2026 | 714 | $42.53K | Mar 19, 2026 | Restricted Stock Vesting |
| L. Barbee Ponder IV Officer | Mar 11, 2026 | 682 | $39.08K | Mar 11, 2026 | Restricted Stock Vesting |