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Iridium officer plans sale of 2,013 shares

An Iridium Communications Inc. officer filed a Rule 144 notice to sell 2,013 restricted common shares, following a prior sale of 19,521 shares in August 2026.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Iridium Communications Inc. (IRDM) has an officer, Timothy J. Last, filing a notice under Rule 144 to sell common stock. The notice lists 2,013 shares of restricted common stock to be sold through Morgan Stanley Smith Barney LLC, with an aggregate value of 95,341.72 as of September 3, 2026, on NASDAQ.

The filing also reports that Timothy J. Last sold 19,521 common shares during the prior three months on August 17, 2026, for total proceeds of 982,753.51.

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Shares proposed to be sold 2,013 shares Common stock of Iridium Communications Inc. under Rule 144
Aggregate value of proposed sale 95,341.72 Common shares as of September 3, 2026
Shares sold in past three months 19,521 shares Common stock sale on August 17, 2026
Value of past three-month sale 982,753.51 Common stock sale on August 17, 2026
Security type Restricted common stock Shares to be sold by Timothy J. Last
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Common | 09/01/2026 | Restricted Stock | Issuer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
common stock financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

What does the Form 144 filing disclose for IRDM?

The Form 144 discloses that Iridium Communications Inc. officer Timothy J. Last plans to sell 2,013 restricted common shares and reports a prior sale of 19,521 common shares during the past three months.

How many Iridium Communications Inc. (IRDM) shares are proposed to be sold under this Form 144?

The notice covers 2,013 shares of restricted common stock of Iridium Communications Inc., with an aggregate value of 95,341.72 as of September 3, 2026.

What recent sales by the filer in IRDM stock are reported in the past three months?

The filing reports that Timothy J. Last sold 19,521 common shares of Iridium Communications Inc. on August 17, 2026, for total consideration of 982,753.51.

What type of Iridium Communications Inc. securities are involved in this Form 144?

The securities are restricted common stock of Iridium Communications Inc., shown as common stock to be sold under Rule 144 through a broker.

Which broker is named for the planned IRDM share sale?

The planned sale of Iridium Communications Inc. shares is listed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York.

On which market are the IRDM shares in this Form 144 listed?

The Form 144 states that the Iridium Communications Inc. common stock covered by the notice is listed on NASDAQ.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature