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Globalstar | 4: Statement of changes in beneficial ownership of securities-Officer JACOBS PAUL E

SEC announcement ·  Jan 4 00:00
Summary by Moomoo AI
Globalstar, Inc. CEO Paul E. Jacobs has completed a direct acquisition of 26,738 shares of the company's common stock on January 2, 2024. The transaction was executed at a price of $1.87 per share, resulting in a total investment of $49,999.86. Following this transaction, Jacobs directly owns 26,738 shares. Additionally, Jacobs has indirect ownership of 16,745,990 shares through XCOM Labs, Inc. and a trust. The acquisition reflects a vote of confidence from the CEO in the satellite communications company's future prospects.
Globalstar, Inc. CEO Paul E. Jacobs has completed a direct acquisition of 26,738 shares of the company's common stock on January 2, 2024. The transaction was executed at a price of $1.87 per share, resulting in a total investment of $49,999.86. Following this transaction, Jacobs directly owns 26,738 shares. Additionally, Jacobs has indirect ownership of 16,745,990 shares through XCOM Labs, Inc. and a trust. The acquisition reflects a vote of confidence from the CEO in the satellite communications company's future prospects.
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