STOCK TITAN

Iridium (NASDAQ: IRDM) director to sell 15,046 shares in 2026

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Iridium Communications Inc. (IRDM) director Thomas Fitzpatrick filed a notice of proposed sale of restricted securities under Rule 144. He plans to sell up to 15,046 shares of common stock held at The Charles Schwab Corporation, with an aggregate market value of 745,905.45 as of 08/18/2026.

The shares to be sold were acquired as employee compensation from Iridium on three grant dates: 2,337 shares on 08/12/2010, 10,000 shares on 08/07/2012, and 2,709 shares on 05/09/2014.

Positive

  • None.

Negative

  • None.
Shares proposed for sale 15,046 shares Total common shares of Iridium Communications Inc. to be sold under Rule 144
Aggregate market value 745,905.45 Aggregate market value of 15,046 shares as of planned sale date 08/18/2026
Grant 1 shares 2,337 shares Common stock acquired as employee compensation on 08/12/2010
Grant 2 shares 10,000 shares Common stock acquired as employee compensation on 08/07/2012
Grant 3 shares 2,709 shares Common stock acquired as employee compensation on 05/09/2014
Planned sale date 08/18/2026 Date associated with the proposed Rule 144 sale of 15,046 shares
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.
Employee Compensation financial
"Common | 08/12/2010 | Employee Compensation | Issuer"
aggregate market value financial
"Common | 15046 | 745905.45 | 105960383 | 08/18/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

What does the Form 144 filing disclose for Iridium Communications Inc. (IRDM)?

The filing discloses that director Thomas Fitzpatrick intends to sell up to 15,046 shares of Iridium Communications Inc. common stock under Rule 144. These shares were previously received as employee compensation on several grant dates.

How many IRDM shares is Thomas Fitzpatrick planning to sell under Rule 144?

Thomas Fitzpatrick plans to sell up to 15,046 shares of Iridium Communications Inc. common stock. This total reflects shares acquired as employee compensation across three historical grants in 2010, 2012, and 2014.

What is the aggregate market value of the IRDM shares in this Form 144?

The Form 144 reports an aggregate market value of 745,905.45 for the 15,046 shares of Iridium Communications Inc. common stock. This value is associated with a planned sale date of 08/18/2026 under Rule 144.

When were the IRDM shares to be sold by Thomas Fitzpatrick originally acquired?

The shares were acquired as employee compensation on three dates: 2,337 shares on 08/12/2010, 10,000 shares on 08/07/2012, and 2,709 shares on 05/09/2014. All are Iridium Communications Inc. common stock.

Where are the IRDM shares covered by this Form 144 held?

The 15,046 shares of Iridium Communications Inc. common stock referenced in the Form 144 are held at The Charles Schwab Corporation. The filing lists Schwab’s address in Westlake, Texas as the brokerage location.

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