The estimated Net Worth of Michael J Lovett is at least $1.75 Milion dollars as of 14 November 2022. Mr. Lovett owns over 199,999 units of Globalstar stock worth over $712,045 and over the last 21 years he sold GSAT stock worth over $983,038. In addition, he makes $50,000 as Independent Director at Globalstar.
Michael has made over 7 trades of the Globalstar stock since 2006, according to the Form 4 filled with the SEC. Most recently he exercised 199,999 units of GSAT stock worth $94,000 on 14 November 2022.
The largest trade he's ever made was exercising 199,999 units of Globalstar stock on 14 November 2022 worth over $94,000. On average, Michael trades about 20,755 units every 214 days since 2004. As of 14 November 2022 he still owns at least 588,467 units of Globalstar stock.
You can see the complete history of Mr. Lovett stock trades at the bottom of the page.
Michael J. Lovett serves as Independent Director of the Company. Since October 2012, Mr. Lovett has served as managing partner of Eagle River Partners LLC, a privately held investment and advisory company. Until April 2012, Mr. Lovett served as the CEO and President of Charter Communications. Previously he was COO and joined Charter in August 2003 as Senior Vice President of Operations. Mr. Lovett has served as a member of the board of directors of various public and private companies, including Charter Communications from February 2010 to April 2012, SATMAP Incorporated d/b/a Afiniti, a private Delaware company, from July 2012 to July 2017, and St. Louis Public Broadcasting Nine Network Media from June 2011 to February 2014. He has also served as a member of the advisory board of Afiniti, Ltd., a private Bermuda company, since February 2016.
As the Independent Director of Globalstar, the total compensation of Michael Lovett at Globalstar is $50,000. There are 5 executives at Globalstar getting paid more, with David Kagan having the highest compensation of $695,754.
Michael Lovett is 58, he's been the Independent Director of Globalstar since 2018. There are 7 older and 7 younger executives at Globalstar. The oldest executive at Globalstar Inc. is William Hasler, 78, who is the Independent Director.
Michael's mailing address filed with the SEC is 1351 HOLIDAY SQUARE BLVD, , COVINGTON, LA, 70433.
Over the last 18 years, insiders at Globalstar have traded over $147,364,842 worth of Globalstar stock and bought 254,430,480 units worth $217,063,247 . The most active insiders traders include James Iii Monroe, Paul E Jacobs oraz James F Lynch. On average, Globalstar executives and independent directors trade stock every 40 days with the average trade being worth of $4,060,045. The most recent stock trade was executed by Rebecca Clary on 3 September 2024, trading 75,000 units of GSAT stock currently worth $93,750.
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Globalstar executives and other stock owners filed with the SEC include: