James Monroe III
Net Worth
Last updated:
What is James Monroe III net worth?
The estimated net worth of Mr. James Monroe III is at least $202,734,499 as of 16 Dec 2024. He owns shares worth $201,884,499 as insider and has received compensation worth at least $850,000 in Globalstar, Inc..
What is the salary of James Monroe III?
Mr. James Monroe III salary is $50,000 per year as Executive Chairman in Globalstar, Inc..
How old is James Monroe III?
Mr. James Monroe III is 70 years old, born in 1955.
What stocks does James Monroe III currently own?
As insider, Mr. James Monroe III owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Globalstar, Inc. (GSAT) | Executive Chairman | 7,834,090 | $25.77 | $201,884,499 |
What does Globalstar, Inc. do?
Globalstar, Inc. provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website. As of December 31, 2020, it had approximately 745,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights. The company was founded in 1993 and is headquartered in Covington, Louisiana.
James Monroe III insider trading
Globalstar, Inc.
Mr. James Monroe III has made 2 insider trades between 2008-2024, according to the Form 4 filled with the SEC. Most recently he purchased 500,000 units of GSAT stock worth $978,500 on 16 Dec 2024.
The largest trade he's ever made was exercising 150,649,349 units of GSAT stock on 21 Dec 2018. As of 16 Dec 2024 he still owns at least 7,834,090 units of GSAT stock.
Globalstar key executives
Globalstar, Inc. executives and other stock owners filed with the SEC:
- Mr. David B. Kagan (63) Chief Executive Officer
- Mr. James Monroe III (70) Executive Chairman
- Mr. Timothy Evan Taylor (42) Vice President of Fin., Bus. Operations & Strategy and Director
- Ms. Rebecca S. Clary (46) Vice President & Chief Financial Officer