Iridium (IRDM) director sells 3,331 and 6,797 shares at $18
Iridium Communications (IRDM) reported insider activity on a Form 4.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,128 shares
Net Sell
2 txns
Insider
FITZPATRICK THOMAS
Role
Director
Sold
10,128 shs ($182K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,797 | $18.00 | $122K |
| Sale | Common Stock | 3,331 | $18.00 | $60K |
Holdings After Transaction:
Common Stock — 251,873.4 shares (Direct)
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?
A director reported selling 3,331 shares on 10/27/2025 and 6,797 shares on 10/28/2025.
What were the transaction dates on the IRDM Form 4?
The transactions occurred on 10/27/2025 and 10/28/2025.
Does the Form 4 mention a weighted average sale price?
Yes. The 10/28/2025 sale used a weighted average price range of $18.00–$18.005 with detailed breakdowns available upon request.
What is the insider’s relationship to Iridium (IRDM)?
The reporting person is a Director of Iridium Communications Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.