Iridium EVP sells $267K in stock at $46.35
Iridium’s EVP, Sales & Marketing sold 5,769 IRDM shares and now directly holds 84,130 shares.
Rhea-AI Filing Summary
Iridium Communications Inc. (IRDM) reported that Timothy James Last, EVP, Sales & Marketing, sold 5,769 shares of common stock in a non-derivative transaction on September 15, 2026 at $46.35 per share in an open market or private transaction. Following this sale, he holds 84,130 shares of Iridium common stock directly. No Rule 10b5-1 trading plan is indicated for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,769 shares
Net Sell
1 txn
Insider
Last Timothy James
Role
EVP, Sales & Marketing
Sold
5,769 shs ($267K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,769 | $46.35 | $267K |
Holdings After Transaction:
Common Stock — 84,130 shares (Direct)
Key Figures
Shares sold: 5,769 shares
Sale price per share: $46.35 per share
Approximate transaction value: $267,393.15
+1 more
4 metrics
Shares sold
5,769 shares
Non-derivative common stock sale on September 15, 2026
Sale price per share
$46.35 per share
Price for the 5,769 common shares sold
Approximate transaction value
$267,393.15
5,769 shares sold at $46.35 per share
Shares owned after transaction
84,130 shares
Direct holdings of common stock after the sale
Key Terms
Common Stock, open market or private transaction, direct ownership
3 terms
Common Stock financial
"The security title reported is Common Stock in a non-derivative sale."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open market or private transaction market
"The sale is described as a Sale in open market or private transaction."
direct ownership financial
"The filing reports direct ownership of the remaining 84,130 shares."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction was reported at IRDM on September 15, 2026?
Timothy James Last, EVP, Sales & Marketing of IRDM, reported selling 5,769 shares of common stock on September 15, 2026 at $46.35 per share in a non-derivative open market or private transaction.
Was the IRDM insider sale made under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not marked, so this reported sale of 5,769 shares was not affirmed as being made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.