Insider Activity at Globalstar: What the Latest Deal Says About Investor Sentiment
On January 5, 2026, Globalstar Inc. (GSAT) saw a modest yet noteworthy insider transaction. Keith O. Cowan, an unnamed director, purchased 780 shares of voting common stock at no cost, in addition to receiving a 6,666‑share award of restricted stock options that vest over three years. While the purchase itself is small—less than 0.1 % of the company’s outstanding shares—the timing and context offer a window into management’s confidence and the broader investor landscape.
A Quiet Show of Confidence Amid a Volatile Market
The deal coincided with a slight dip in the share price (‑0.10%) and a surprisingly high buzz level of 703.7 % on social media, indicating that the transaction triggered heightened discussion among retail investors. The sentiment score (+16) suggests a mildly positive reaction, but the buzz suggests that traders and analysts are keenly observing even small insider moves. For a company trading at $67.30 with a negative P/E of ‑138.66, any insider activity is a potential signal that management believes the stock is undervalued relative to future satellite‑communications prospects.
Implications for Investors and Globalstar’s Future
Cowan’s purchase aligns with a broader pattern of insider engagement. Among the 11 major insiders on record, the CEO and several executives have collectively executed multiple buy transactions, while a handful of senior staff have sold large blocks, likely for liquidity or diversification. The net effect is a mixed picture: insiders are willing to buy, but also to sell, reflecting a nuanced view of the company’s trajectory. For investors, this suggests that while there may be short‑term volatility, the long‑term outlook—supported by Globalstar’s satellite coverage and growing demand for remote connectivity—could justify a cautious “buy” stance for those willing to ride out the earnings cycle.
Who is Keith O. Cowan and What His Trades Reveal
Cowan’s historical trading record is sparse but consistent. His 2025 purchase of 3,333 shares for a nominal price, followed by the current 780‑share award, indicates a long‑term horizon. Unlike some insiders who sell large positions, Cowan’s trades are primarily awards or modest purchases, suggesting that he views the company’s future growth as credible. His profile fits that of a “stay‑holder” director who values stability over short‑term gains, a stance that may reassure shareholders concerned about speculative volatility.
Key Takeaways for the Market
- Insider buys are a positive signal – Cowan’s purchase and the CEO’s multiple trades indicate confidence in Globalstar’s strategic direction.
- Watch the social media buzz – The spike in buzz suggests that even small transactions can influence sentiment, especially in a sector where retail interest is high.
- Balance between buying and selling – Executives are buying while senior staff are selling, which could mean management expects continued upside while executives manage personal liquidity.
- Long‑term upside potential – With a robust satellite network and growing demand in remote areas, investors may consider Globalstar a candidate for a long‑term play, especially if earnings improve and the P/E normalizes.
In sum, while the latest insider transaction is modest in size, its timing, context, and the surrounding insider activity provide a nuanced signal: Globalstar’s leadership believes in the company’s long‑term trajectory, but investors should remain mindful of the current earnings uncertainty and market volatility.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-01-05 | COWAN KEITH O () | Buy | 780.00 | N/A | Voting Common Stock |
| 2026-01-05 | COWAN KEITH O () | Buy | 6,666.00 | N/A | Stock Option (Right to Buy) |
| 2026-01-05 | HASLER WILLIAM A () | Buy | 780.00 | N/A | Voting Common Stock |
| 2026-01-05 | HASLER WILLIAM A () | Buy | 6,666.00 | N/A | Stock Option (Right to Buy) |
| 2026-01-05 | JACOBS PAUL E (Chief Executive Officer) | Buy | 780.00 | N/A | Voting Common Stock |
| N/A | JACOBS PAUL E (Chief Executive Officer) | Holding | 1,116,400.00 | N/A | Voting Common Stock |
| 2026-01-05 | JACOBS PAUL E (Chief Executive Officer) | Buy | 6,666.00 | N/A | Stock Option (Right to Buy) |
| 2026-01-05 | Lynch James F () | Buy | 780.00 | N/A | Voting Common Stock |
| N/A | Lynch James F () | Holding | 822,714.00 | N/A | Voting Common Stock |
| 2026-01-05 | Lynch James F () | Buy | 6,666.00 | N/A | Stock Option (Right to Buy) |
| 2026-01-05 | Monroe James III () | Buy | 780.00 | N/A | Voting Common Stock |
| N/A | Monroe James III () | Holding | 13,142,665.00 | N/A | Voting Common Stock |
| N/A | Monroe James III () | Holding | 947,273.00 | N/A | Voting Common Stock |
| N/A | Monroe James III () | Holding | 42,717.00 | N/A | Voting Common Stock |
| N/A | Monroe James III () | Holding | 790,097.00 | N/A | Voting Common Stock |
| N/A | Monroe James III () | Holding | 58,833,076.00 | N/A | Voting Common Stock |
| N/A | Monroe James III () | Holding | 200,000.00 | N/A | Voting Common Stock |
| N/A | Monroe James III () | Holding | 41,238.00 | N/A | Voting Common Stock |
| N/A | Monroe James III () | Holding | 13,347.00 | N/A | Voting Common Stock |
| N/A | Monroe James III () | Holding | 1,956.00 | N/A | Voting Common Stock |
| 2026-01-05 | Monroe James III () | Buy | 6,666.00 | N/A | Stock Option (Right to Buy) |
| 2026-01-05 | Taylor Timothy Evan (VP, Finance & Operations) | Buy | 780.00 | N/A | Voting Common Stock |
| N/A | Taylor Timothy Evan (VP, Finance & Operations) | Holding | 320,244.00 | N/A | Voting Common Stock |
| 2026-01-05 | Taylor Timothy Evan (VP, Finance & Operations) | Buy | 6,666.00 | N/A | Stock Option (Right to Buy) |
| 2026-01-05 | Wolff Benjamin G () | Buy | 780.00 | N/A | Voting Common Stock |
| 2026-01-05 | Wolff Benjamin G () | Buy | 6,666.00 | N/A | Stock Option (Right to Buy) |




