The sales are routine in size and involve directors only, so no immediate bearish signal. Monitor for any C-suite selling or upcoming corporate events (earnings, M&A) that could provide context. The historical win rate on GSAT reports is 60% at T+20, but this cluster alone does not warrant a directional bet.
Price Chart
Executive Summary
Two Globalstar directors (Wolff and Lynch) sold a combined $10.64M in open-market shares over a 7-day window, representing ~0.1% of the $10.6B market cap. The sales are modest in proportion and involve directors rather than C-suite executives, limiting their predictive signal. No other cross-filings are present to amplify the interpretation.
Key Financial Metrics
Key Facts
- Director Benjamin G. Wolff sold 19,998 shares at $81.98 for $1.64M after exercising multiple derivative tranches.
- Director James F. Lynch sold 110,000 shares at $81.78 for $9.00M.
- Total open-market sales: $10.64M, or ~0.1% of GSAT's $10.6B market cap.
- No C-suite insiders participated; both sellers are directors.
Financial Impact
Total insider sales of $10.64M represent ~0.1% of market cap, a modest amount that does not signal material insider concern.
Risk Factors
- Further insider selling by C-suite executives could indicate a more bearish view.
- No 10b5-1 plan disclosed; sales may be opportunistic.
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-1787951395643 |
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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