The insider sales are routine in size and pattern relative to GSAT's $10.7B market cap. The CFO's sale is a single transaction, and Wolff's sales follow derivative exercises — both are common liquidity events. No bearish signal here. Monitor for any upcoming 8-K or material agreement that could explain the timing, but standalone this cluster is noise.
Price Chart
Executive Summary
Two GSAT insiders, including the CFO, sold a combined $3.62M in open-market sales over a one-week window. Director Wolff also exercised low-basis derivatives before selling. The $3.62M represents ~0.034% of the $10.7B market cap, which is trivial and routine. The historical calibration shows prior bullish calls on GSAT had poor T+5 outcomes but strong T+20 alpha, while the score-6/7 cells have sub-50% observed probability of up-moves, suggesting caution on over-scoring. The cross-filing actuarial verdicts are all amplifiers, but the standalone proportionality check dominates here — the dollar value is too small to be material.
Key Financial Metrics
Key Facts
- CFO Clary Rebecca sold $1.98M in open-market sales on 2026-08-14
- Director Wolff sold $1.64M on 2026-08-21 after exercising derivatives at $0-$8.11 strike
- Total insider sales of $3.62M represent ~0.034% of GSAT's $10.7B market cap
- All sales are open-market (code S); derivative exercises are non-cash events
- Prior GSAT reports show strong T+20 alpha (+7.55% avg) but poor T+5 performance (-1.96% avg)
Financial Impact
Total insider sales of $3.62M, or ~0.034% of market cap — trivial relative to company size
Risk Factors
- Insider sales, while small, could precede a negative catalyst not yet disclosed
- The historical calibration shows score-6/7 cells have <50% probability of up-moves at T+20, suggesting the market may not reward bullish reads on this ticker
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GSAT-1787645053705 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 28, 2026 4w ago | Insider Cluster | $81.55 $82.45 | ▲ +1.10% | ▲ +1.04% | $83.15 (+1.96%) |
Aug 26, 2026 5w ago | Insider Cluster | $82.05 $82.46 | ▼ −0.50% | ▼ −1.01% | $83.15 (−1.34%) |
Aug 24, 2026 5w ago | Insider Cluster | $82.11 $82.52 | ▲ +0.50% | ▼ −0.81% | $83.15 (+1.27%) |
Aug 17, 2026 6w ago | Insider Cluster | $83.03 $81.83 | ▲ +1.45% | ▼ −0.53% | $83.15 (−0.14%) |
Aug 13, 2026 7w ago | Insider Cluster | $82.39 $81.99 | ▲ +0.49% | ▼ −1.51% | $83.15 (−0.92%) |
Aug 12, 2026 7w ago | Insider Cluster | $83.22 $81.97 | ▲ +1.50% | ▼ −0.40% | $83.15 (+0.08%) |
Aug 6, 2026 8w ago | 8-K | $83.24 $81.98 | ▼ −1.51% | ▼ −2.11% | $83.15 (−0.11%) |
Jun 11, 2026 16w ago | Institutional Cluster | $81.11 $80.02 | ▼ −1.34% | ▼ −3.23% | $83.15 (+2.52%) |
Feb 28, 2026 30w ago | Institutional Cluster | $62.00 $61.82 | ▼ −0.29% | ▲ +7.65% | $83.15 (+34.11%) |
Feb 27, 2026 31w ago | 8-K | $62.27 $64.16 | ▲ +3.04% | ▲ +10.59% | $83.15 (+33.53%) |
US Market Status
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