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GSAT - Globalstar, Inc.

Insider Sale by Ponder L Barbee IV (GC)

1 Month
After Trade
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Trade Summary

4 days ago, Ponder L Barbee IV, serving as GC at Globalstar, Inc. (GSAT), sold 682 shares at $57.31 per share, for a total transaction value of $39,084.00. Following this transaction, Ponder L Barbee IV now holds 143,348 shares of GSAT.

The trade was executed on Wednesday, March 11, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, March 12, 2026, 1 day after the trade was made.

Globalstar, Inc. operates in the COMMUNICATION SERVICES sector, specifically within the TELECOM SERVICES industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Ponder L Barbee IV

GC

L. Barbee Ponder IV is the General Counsel and Vice President of Regulatory Affairs at Globalstar, Inc. (GSAT), a position he has held since July 2010.[[1]](https://insiderinsights.com/free/index.php?s=filer&o=-1&a=&q=Ponder+L+Barbee+IV)[[2]](https://fintool.com/app/research/companies/GSAT/people/l-barbee-ponder-iv)[[3]](https://www.comparably.com/companies/globalstar/l-barbee-ponder-iv) Aged 58, he leads the company's regulatory strategy and licensing efforts across multiple geographies, including key expansions for the C-3 mobile satellite system (MSS) in countries such as Brazil, Alaska, Greece, Singapore, Canada, Spain, and Japan.[[2]](https://fintool.com/app/research/companies/GSAT/people/l-barbee-ponder-iv) Ponder serves as a key spokesperson on global ground infrastructure and direct-to-device (D2D) services, with recent appearances including panels at World Space Business Week in September 2025 and interviews at the ITU Global Symposium for Regulators (GSR-25) in Riyadh.[[2]](https://fintool.com/app/research/companies/GSAT/people/l-barbee-ponder-iv)[[5]](https://www.youtube.com/watch?v=vSIEwfKSnZM) Prior to Globalstar, Ponder worked as Regulatory Counsel in various positions at BellSouth Corporation from 1996 to 2005, focusing on telecom regulatory matters supporting wireless operations.[[2]](https://fintool.com/app/research/companies/GSAT/people/l-barbee-ponder-iv) Earlier, he was an attorney at Jones Walker law firm handling commercial litigation and class action defense, and from 2005 to 2010, he owned and operated a private company with interests in timber, sand & gravel, and oil & gas.[[2]](https://fintool.com/app/research/companies/GSAT/people/l-barbee-ponder-iv) His compensation aligns with performance metrics like Adjusted EBITDA ($134.3 million in 2024) and regulatory milestones, including stock awards of $362,789 in 2024.[[2]](https://fintool.com/app/research/companies/GSAT/people/l-barbee-ponder-iv)

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Trade Price

$57.31

Quantity

682

Total Value

$39,084.00

Shares Owned

143,348

Trade Date

Wednesday, March 11, 2026

4 days ago

SEC Filing Date

Thursday, March 12, 2026

Filed 1 day after trade

COMMUNICATION SERVICESTELECOM SERVICES

About Globalstar, Inc.

Company Overview

No company information available
View news mentioning GSAT

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