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Globalstar | 4: Statement of changes in beneficial ownership of securities-Director Lynch James F

SEC announcement ·  Mar 15 16:08
Summary by Moomoo AI
On March 13, 2024, James F Lynch, associated with Globalstar, Inc. [GSAT], completed a significant transaction by purchasing 660,000 shares of Globalstar's voting common stock at a price of $1.455 per share. This acquisition was conducted through an open market or private purchase, as indicated by the transaction code 'P'. Following this transaction, Lynch's indirectly held shares, through Thermo Investments II LLC, amounted to 12,340,720. Additionally, Lynch directly holds 833,668 shares of Globalstar's voting common stock. The total value of the shares acquired in this transaction is approximately $960,300. The transaction reflects Lynch's growing stake in the company and may be of interest to investors monitoring insider activity within Globalstar.
On March 13, 2024, James F Lynch, associated with Globalstar, Inc. [GSAT], completed a significant transaction by purchasing 660,000 shares of Globalstar's voting common stock at a price of $1.455 per share. This acquisition was conducted through an open market or private purchase, as indicated by the transaction code 'P'. Following this transaction, Lynch's indirectly held shares, through Thermo Investments II LLC, amounted to 12,340,720. Additionally, Lynch directly holds 833,668 shares of Globalstar's voting common stock. The total value of the shares acquired in this transaction is approximately $960,300. The transaction reflects Lynch's growing stake in the company and may be of interest to investors monitoring insider activity within Globalstar.
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