Globalstar director Benjamin G. Wolff sold approximately $4.7 million in company shares on August 11 and August 12, 2026. The sales occurred as the stock traded near its 52-week high following a significant year-long rally.
This transaction follows several other recent share sales by Globalstar executives. Some market analyses suggest the stock is currently overvalued. The pattern of insider selling at peak prices remains a key point of consideration for investors.