Globalstar (GSAT) executive compensation, 2026 proxy

Dr. Paul E. Jacobs, Chief Executive Officer, was paid $1M in 2025, flat from $1M the year before. The CEO-to-median-employee pay ratio was 10:1, on median employee pay of $101,886.

Filed
April 2, 2026
Annual meeting
May 13, 2026
Pay year
2025
Named executives
3
CEO total pay
$1Mflat vs prior year
CEO to median employee
10:1median $101,886
CEO pay in equity
20%$200,000 in awards
Prior say-on-pay support
76%of votes cast
2025 Total Revenue
$273MIncreased 9% year-over-year
2025 Adjusted EBITDA
$136MFourth consecutive record year
Adjusted EBITDA Margin
50%Achieved in 2025
Cash and Cash Equivalents
$447MAs of December 31, 2025

How Jacobs was paid

$1M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary49%Bonus30%Stock awards20%All other compensation1%

Named executive officers

ExecutiveTotal
Dr. Paul E. JacobsChief Executive Officer$1,012,452
Rebecca S. ClaryVice President and Chief Financial Officer$2,032,547
L. Barbee Ponder IVGeneral Counsel and Vice President of Regulatory Affairs$780,732

What changed and why

  • $273.0MGlobalstar delivered record revenue of $273.0 million and Adjusted EBITDA of $136 million for fiscal 2025.
  • $1MCEO Paul E. Jacobs received total compensation of $1,012,452 for 2025, comparable to the prior year.
  • Adjusted EBITDA was utilized as the sole financial performance measure linked to executive compensation.
  • $102KThe CEO-to-median employee pay ratio was 10 to 1 based on a median employee total compensation of $101,886.
  • 76%Stockholders previously approved the executive compensation program with 76% support at the 2023 annual meeting.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.