Iridium (IRDM) director sells 3,331 and 6,797 shares at $18
Iridium Communications (IRDM) reported insider activity on a Form 4.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Iridium Communications (IRDM) reported insider activity on a Form 4. A director sold 3,331 shares on 10/27/2025 at $18 and 6,797 shares on 10/28/2025 at a weighted average price between $18.00 and $18.005. Following these sales, the reporting person beneficially owned 251,873.4 shares. The filing notes that detailed trade prices within the stated range are available upon request.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,797 | $18.00 | $122K |
| Sale | Common Stock | 3,331 | $18.00 | $60K |
Footnotes (1)
- F1. This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.005, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did IRDM report on Form 4?
What were the transaction dates on the IRDM Form 4?
Does the Form 4 mention a weighted average sale price?
What is the insider’s relationship to Iridium (IRDM)?
AI-generated analysis. How Rhea-AI works. Not financial advice.