Iridium CFO shares withheld for RSU taxes
Iridium Communications Inc. Chief Financial Officer Vincent James O'Neill reported a disposition of 2,514 shares of common stock at $24.01 per share.
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Rhea-AI Filing Summary
Iridium Communications Inc. Chief Financial Officer Vincent James O'Neill reported a disposition of 2,514 shares of common stock at $24.01 per share. The filing explains this was a share withholding by the company to cover his tax obligations from the vesting of restricted stock units, rather than an open-market sale. After this tax-withholding transaction, he directly holds 129,864 shares of Iridium common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,514 | $24.01 | $60K |
Footnotes (1)
- F1. The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units.
FAQ
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What insider transaction did IRDM CFO Vincent James O'Neill report?
What does the F transaction code mean in the IRDM CFO Form 4?
On what date did the IRDM CFO’s reported tax-withholding transaction occur?
AI-generated analysis. How Rhea-AI works. Not financial advice.