STOCK TITAN

Iridium Communications (NASDAQ: IRDM) insider plans 8,000-share sale

(Neutral)
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

  • None.
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
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

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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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