Last updated: 15 March 2024 at 4:15pm EST

James Lynch Net Worth




The estimated Net Worth of James F Lynch is at least $22.7 million dollars as of 13 March 2024. Mr. Lynch owns over 660,000 units of Globalstar stock worth over $14,932,271 and over the last 16 years he sold GSAT stock worth over $7,722,232. In addition, he makes $50,000 as Director at Globalstar.

Mr. Lynch GSAT stock SEC Form 4 insiders trading

James has made over 10 trades of the Globalstar stock since 2014, according to the Form 4 filled with the SEC. Most recently he bought 660,000 units of GSAT stock worth $963,600 on 13 March 2024.

The largest trade he's ever made was buying 12,371,136 units of Globalstar stock on 19 December 2014 worth over $34,886,604. On average, James trades about 1,196,397 units every 179 days since 2008. As of 13 March 2024 he still owns at least 12,340,720 units of Globalstar stock.

You can see the complete history of Mr. Lynch stock trades at the bottom of the page.





James Lynch biography

James F. Lynch serves as Director of the Company. Mr. Lynch has been Managing Partner of Thermo Capital Partners, L.L.C., a private equity investment firm, since October 2001. Mr. Lynch also serves as Executive Chairman of FiberLight, LLC, a facilities-based provider of metropolitan fiber-optic network infrastructure and high-bandwidth connectivity solutions and served as CEO from 2015 through 2017. Mr. Lynch served as Chairman of Xspedius Communications, LLC, a competitive local telephone exchange carrier, from January 2005 until its acquisition by Time Warner Telecom in October 2006 and as Chief Executive Officer of Xspedius from August 2005 to March 2006. Prior to joining Thermo, Mr. Lynch was a Managing Director at Bear Stearns & Co. Mr. Lynch is a limited partner of Globalstar Satellite, L.P.

What is the salary of James Lynch?

As the Director of Globalstar, the total compensation of James Lynch at Globalstar is $50,000. There are 5 executives at Globalstar getting paid more, with David Kagan having the highest compensation of $695,754.



How old is James Lynch?

James Lynch is 62, he's been the Director of Globalstar since 2003. There are 5 older and 10 younger executives at Globalstar. The oldest executive at Globalstar Inc. is William Hasler, 78, who is the Independent Director.

What's James Lynch's mailing address?

James's mailing address filed with the SEC is 1351 HOLIDAY SQUARE BLVD., , COVINGTON, LA, 70433.

Insiders trading at Globalstar

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 et 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.



What does Globalstar do?

globalstar is a leading provider of mobile satellite voice and data services. globalstar offers these services to commercial customers and recreational consumers in more than 120 countries around the world. the company's products include mobile and fixed satellite telephones, simplex and duplex satellite data modems, the spot family of mobile satellite consumer products including the spot satellite gps messenger™ and flexible airtime service packages. many land based and maritime industries benefit from globalstar with increased productivity from remote areas beyond cellular and landline service. global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational consumers. globalstar data solutions are ideal for various asset and personal tracking, data monitoring and scada applications. for more information regarding



What does Globalstar's logo look like?

Globalstar Inc. logo

Complete history of Mr. Lynch stock trades at Globalstar

Date
#
Société
Initié
Trans.
Transaction
Actions Prix par action Prix ​​total Actions après Source
13 Mar 2024 James F Lynch
Directeur
Acheter 660,000 $1.46 $963,600
13 Mar 2024
12,340,720
11 Mar 2024 James F Lynch
Directeur
Acheter 1,320,000 $1.43 $1,887,600
11 Mar 2024
11,680,720
7 Mar 2024 James F Lynch
Directeur
Acheter 1,320,000 $1.32 $1,742,400
7 Mar 2024
10,360,720
29 Dec 2023 James F Lynch
Directeur
Acheter 500,000 $1.93 $965,000
29 Dec 2023
9,040,720
20 Dec 2023 James F Lynch
Directeur
Acheter 500,000 $1.73 $865,000
20 Dec 2023
8,540,720
18 Dec 2023 James F Lynch
Directeur
Acheter 750,000 $1.69 $1,267,500
18 Dec 2023
8,040,720
6 Sep 2023 James F Lynch
Directeur
Vente 5,080,416 $1.52 $7,722,232
6 Sep 2023
7,290,720
8 Oct 2018 James F Lynch
Directeur
Exercice d'option 200,000 $0.38 $76,000
8 Oct 2018
380,000
19 Dec 2014 James F Lynch
Directeur
Acheter 12,371,136 $2.82 $34,886,604
19 Dec 2014
12,371,136
17 Nov 2014 James F Lynch
Directeur
Acheter 30,000 $2.86 $85,800
17 Nov 2014
30,000


Globalstar executives and stock owners

Globalstar executives and other stock owners filed with the SEC include: