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.
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.
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Negative
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Insider Trade Summary
Exercise Price or Tax Liability: 2,514 shares
Exercise Price or Tax Liability
1 txn
Insider
O'Neill Vincent James
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,514 | $24.01 | $60K |
Holdings After Transaction:
Common Stock — 129,864 shares (Direct)
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IRDM CFO Vincent James O'Neill report?
Iridium Communications CFO Vincent James O'Neill reported a disposition of 2,514 common shares at $24.01 each. The shares were withheld by the company to satisfy his tax obligations related to the vesting and settlement of restricted stock units, not sold in the open market.
What does the F transaction code mean in the IRDM CFO Form 4?
The F code indicates a tax-withholding disposition, where shares are delivered to the issuer to satisfy tax or exercise costs. In this case, 2,514 Iridium Communications shares were withheld by the company to meet Vincent James O'Neill’s tax obligations from restricted stock unit vesting.
On what date did the IRDM CFO’s reported tax-withholding transaction occur?
The tax-withholding disposition occurred on March 9, 2026. On that date, Iridium Communications withheld 2,514 shares of common stock at $24.01 per share to satisfy Chief Financial Officer Vincent James O'Neill’s tax obligations related to restricted stock unit vesting and settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.