---
schema_version: "secwatch.filing_event.v1"
accession: "0001366868-23-000093"
form_type: "8-K"
ticker: "GSAT"
cik: "0001366868"
company_name: "Globalstar, Inc."
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T16:07:37.312329+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Globalstar holds 2023 annual meeting; elects directors, approves Thermo guaranty

## Summary
- Elected James F. Lynch and Timothy E. Taylor as Class B directors for 3-year terms.
- Ratified Ernst & Young as independent auditor for FY2023 (1.55B for, 8.8M against).
- Advisory say-on-pay approved; board sets advisory vote frequency at every three years.
- Approved guaranty of obligations under Prepayment Agreements with Thermo affiliate; Monroe block (1.08B shares) did not vote.

## SEC filing metadata
- accession: 0001366868-23-000093
- form_type: 8-K
- ticker: GSAT
- cik: 0001366868
- company_name: Globalstar, Inc.
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1366868/000136686823000093/0001366868-23-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1366868/000136686823000093/gsat-20230627.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001366868-23-000093
- JSON: https://secwatch.observer/filing/0001366868-23-000093.json
- Plain text: https://secwatch.observer/filing/0001366868-23-000093.txt

## Key facts
- Shareholder Votes
  Globalstar, Inc. shareholders approved Advisory approval of named executive officer compensation at the 2023-06-27 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-06-27
  source text: Stockholders approved, on an advisory basis, the compensation of the Company's named executive officers by the following votes:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1366868/000136686823000093/0001366868-23-000093-index.htm
- Shareholder Votes
  Globalstar, Inc. shareholders approved Ratification of Ernst & Young LLP as independent registered accounting firm at the 2023-06-27 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-06-27
  source text: Stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered accounting firm for the fiscal year ending December 31, 2023 by the following votes:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1366868/000136686823000093/0001366868-23-000093-index.htm
- Shareholder Votes
  Globalstar, Inc. shareholders approved Frequency of future advisory votes on executive compensation at the 2023-06-27 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-06-27
  source text: Stockholders voted in favor of three years for the frequency of future advisory votes for the Company's executive compensation by the following votes: One Year Two Years Three Years Abstentions 176,675,894 2,306,249 1,205,157,407 47,659,923
  evidence_url: https://www.sec.gov/Archives/edgar/data/1366868/000136686823000093/0001366868-23-000093-index.htm
- Shareholder Votes
  Globalstar, Inc. shareholders approved Approval of Guaranty of obligations under Prepayment Agreements with affiliate of Thermo Companies at the 2023-06-27 meeting.
  - Outcome: passed
  - Meeting: 2023-06-27
  source text: Stockholders approved the Company’s entry into the Guaranty of certain of the Company’s obligations under its Prepayment Agreements with an affiliate of the Thermo Companies by the following votes:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1366868/000136686823000093/0001366868-23-000093-index.htm
- Shareholder Votes
  Globalstar, Inc. shareholders approved Election of Class B Directors at the 2023-06-27 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-06-27
  source text: Stockholders elected each of the two nominees for Class B director to serve for a term to expire at the 2026 Annual Meeting of Stockholders by the following votes:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1366868/000136686823000093/0001366868-23-000093-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.