STOCK TITAN

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.

(Moderate)
(Negative)
Form Type
4

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 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)
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
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.

How many IRDM shares does the EVP, Sales & Marketing hold after this Form 4?

After the reported sale, Timothy James Last directly holds 84,130 shares of Iridium Communications Inc. common stock.

What price did the IRDM insider receive for the shares sold?

The reported sale price was $46.35 per share for the 5,769 shares of Iridium Communications Inc. common stock sold on September 15, 2026.

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.

What is the approximate total value of the IRDM shares sold by the EVP?

Multiplying 5,769 shares by the reported price of $46.35 per share gives an approximate transaction value of $267,393.15 for the sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Last Timothy James

(Last)(First)(Middle)
C/O IRIDIUM COMMUNICATIONS INC.
1676 INTERNATIONAL DRIVE, SUITE 1100

(Street)
MCLEAN VIRGINIA 22102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Iridium Communications Inc. [ IRDM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Sales & Marketing
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/15/2026S5,769D$46.3584,130D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Peter L. Trentman, Attorney-in-Fact09/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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