Insider Sale by Ponder L Barbee IV (General Counsel)
Trade Summary
4 days ago, Ponder L Barbee IV, serving as General Counsel at Globalstar, Inc. (GSAT), sold 12,045 shares at $83.21 per share, for a total transaction value of $1,002,315.04. Following this transaction, Ponder L Barbee IV now holds 131,303 shares of GSAT.
This sale represents a 8.40% decrease in Ponder L Barbee IV's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, August 7, 2026 and publicly disclosed via SEC Form 4 filing on Monday, August 10, 2026 at 6:04 PM ET, 3 days 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.
Trade Price
$83.21
Quantity
12,045
Total Value
$1,002,315.04
Shares Owned
131,303
Trade Date
4 days ago
SEC Filing Date
at 6:04 PM ET
Filed 3 days after trade
Discussion