Clary Rebecca, Vice President and Chief Financial Officer, has demonstrated a consistent pattern of selling shares in Globalstar, Inc. (GSAT) over the past year, with no recorded purchases in the same period. According to SEC Form 4 filings, Rebecca executed 18 sales between September 2025 and March 2026, totaling approximately $2.53 million in proceeds. The largest single transaction occurred on November 17, 2025, when she sold shares worth $951,619, followed by a $262,436 sale on December 1, 2025, and a $220,887 transaction on November 6, 2025. Smaller but notable sales include $197,375 and $192,525 in December and October 2025, respectively.
The selling activity has remained steady into early 2026, with multiple transactions in March, including a $73,925 sale on March 3 and a combined $63,107 in sales on March 10–11. Several filings with zero-dollar values (marked "A") indicate acquisitions likely tied to equity awards rather than open-market purchases. The absence of any buy transactions suggests a clear divestment trend, with Rebecca systematically reducing her position in GSAT over time. The frequency and size of these sales—ranging from a few thousand dollars to nearly $1 million—highlight an ongoing liquidation of holdings rather than isolated disposals.
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