Globalstar Executive Compensation Revealed in DEF 14A
Ticker: GSAT · Form: DEF 14A · Filed: Apr 9, 2025 · CIK: 1366868
Sentiment: neutral
Topics: executive-compensation, DEF14A, board-of-directors
Related Tickers: GSAT
TL;DR
GSAT DEF 14A out: Exec comp details for Kagan & Jacobs for 2023-2024. Equity awards front and center.
AI Summary
Globalstar, Inc. filed its DEF 14A on April 9, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing includes information on compensation for key individuals such as David B. Kagan and Dr. Paul E. Jacobs, with compensation periods spanning various dates within 2023 and 2024. Specific details on equity awards and their adjustments are provided for these periods.
Why It Matters
This filing provides transparency into how Globalstar compensates its top executives, which can influence investor decisions and perceptions of the company's governance.
Risk Assessment
Risk Level: medium — DEF 14A filings are routine disclosures, but executive compensation details can sometimes signal strategic shifts or performance concerns.
Key Numbers
- 2024-12-31 — Fiscal Year End (The period for which executive compensation is reported.)
- 2023-01-01 — Reporting Period Start (Part of the compensation reporting timeline for executives.)
Key Players & Entities
- Globalstar, Inc. (company) — Filer of the DEF 14A
- David B. Kagan (person) — Member of the Board, compensation details provided
- Dr. Paul E. Jacobs (person) — Member of the Board, compensation details provided
- 4899 (dollar_amount) — Standard Industrial Classification Code for Communication Services, NEC
FAQ
What is the total compensation for David B. Kagan for the fiscal year ending December 31, 2024?
The filing indicates compensation periods for David B. Kagan from 2020-01-01 to 2024-12-31, but specific total dollar amounts for 2024 are not detailed in the provided snippet.
What were the equity awards granted to Dr. Paul E. Jacobs in 2024?
The filing mentions 'EqtyAwrdsInSummryCompstnTblForAplblYrMember' and 'EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember' for Dr. Paul E. Jacobs for the period 2024-01-01 to 2024-12-31, indicating equity awards were a component of his compensation.
When was this DEF 14A filing submitted to the SEC?
The filing was submitted on April 9, 2025.
What is Globalstar, Inc.'s Standard Industrial Classification (SIC) code?
Globalstar, Inc.'s SIC code is 4899, which corresponds to Communication Services, NEC.
What is the primary business address for Globalstar, Inc. as listed in the filing?
The primary business address is 1351 Holiday Square Blvd., Covington, LA 70433.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 9, 2025 by David B. Kagan regarding Globalstar, Inc. (GSAT).