Iridium insider plans $405K stock sale in 2026

Iridium Communications Inc. (symbol IRDM) reports a planned sale of 8,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services.

Rhea-AI Filing Summary

Iridium Communications Inc. (symbol IRDM) reports a planned sale of 8,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services. The proposed sale has an estimated aggregate value of $404,881.25 and is listed on NASDAQ with an anticipated sale date of 08/17/2026.

The filing also lists prior issuances from the company to the reporting person, including 4,250 shares of restricted stock dated 01/04/2025 and 3,750 shares classified as exercised shares dated 02/19/2025.

Key Figures

Planned shares to be sold: 8,000 shares Estimated aggregate sale value: $404,881.25 Anticipated sale date: 08/17/2026 +2 more

5 metrics

Planned shares to be sold 8,000 shares Common stock proposed for sale through Morgan Stanley Smith Barney LLC Executive Financial Services

Estimated aggregate sale value $404,881.25 Estimated value of the 8,000 common shares proposed for sale

Anticipated sale date 08/17/2026 Date associated with the proposed sale of 8,000 shares

Restricted stock acquired 4,250 shares Restricted stock from issuer dated 01/04/2025

Exercised shares acquired 3,750 shares Exercised shares from issuer dated 02/19/2025

Key Terms

Form 144, Restricted Stock, Exercised Shares, Executive Financial Services

4 terms

Form 144 regulatory

"144: Filer Information | | | 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.

Restricted Stock financial

"Common | 01/04/2025 | 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.

Exercised Shares financial

"Common | 02/19/2025 | Exercised Shares | Issuer"

Executive Financial Services financial

"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing by IRDM disclose about planned share sales?

The filing discloses a proposed sale of 8,000 shares of Iridium Communications common stock with an estimated value of $404,881.25. The sale is expected to occur on or after 08/17/2026 through Morgan Stanley Smith Barney LLC Executive Financial Services.

How many IRDM shares are planned to be sold and at what estimated value?

The planned transaction involves 8,000 shares of IRDM common stock with an estimated aggregate value of $404,881.25. This reflects the amount the reporting person expects to sell under this Form 144 notice.

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

The common shares referenced in this Form 144 filing for IRDM are listed on NASDAQ. The filing ties the proposed sale of 8,000 shares to this listing venue as of the anticipated sale date of 08/17/2026.

What prior IRDM equity awards are referenced in this Form 144 notice?

The notice references 4,250 restricted stock shares dated 01/04/2025 and 3,750 exercised shares dated 02/19/2025. These entries describe how the reporting person previously acquired the securities from the issuer.

Who is handling the proposed sale of IRDM shares in this Form 144?

The proposed sale is to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza. This entity is identified as the broker for selling the 8,000 IRDM common shares disclosed.

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

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Available on EDGAR 08/17/2026 - 05:25 PM Accepted by SEC EDGAR 08/17/2026 - 05:24 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001535177
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	IRIDIUM COMMUNICATIONS INC.
SEC File Number	001-33963
Address of Issuer	1676 International Drive, Suite 1100 McLean VIRGINIA 22102
Phone	703-287-7400
Name of Person for Whose Account the Securities are To Be Sold	ERIC T OLSON
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	8000	404881.25	105960383	08/17/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/04/2025	Restricted Stock	Issuer			4250	01/04/2025	Not Applicable
Common	02/19/2025	Exercised Shares	Issuer			3750	02/19/2025	Cash

* 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

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	08/17/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Eric T. Olson
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)