Iridium exec has 3,623 shares withheld for taxes
Iridium Communications’ COO had shares withheld for taxes upon RSU vesting, leaving her with 260,991 directly held shares.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Iridium Communications Inc. (IRDM) reports that Chief Operations Officer and director Suzanne E. McBride had 3,623 shares of common stock withheld on September 1, 2026, to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units. The shares were withheld by the issuer and treated as a disposition, and McBride now directly holds 260,991 common shares. No Rule 10b5-1 trading plan is reported in connection with this tax-related transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 3,623 | $46.98 | $170K |
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.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
non-derivative financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IRDM report for Suzanne E. McBride on September 1, 2026?
Was the September 1, 2026 IRDM insider transaction a market sale or a tax withholding?
Was the September 1, 2026 IRDM insider transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.