The estimated Net Worth of James F Lynch is at least $22.7 Milión 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.
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 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.
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.
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.
James'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 a 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: