Iridium (IRDM) director buys 30,000 shares at $17.49 avg
Iridium Communications Inc. (IRDM): A company director reported an open‑market purchase of 30,000 shares of common stock on 10/28/2025, coded “P” for purchase.
Rhea-AI Filing Summary
Iridium Communications Inc. (IRDM): A company director reported an open‑market purchase of 30,000 shares of common stock on 10/28/2025, coded “P” for purchase. The weighted average price was $17.49, with individual trades executed between $17.29 and $17.71. Following the transaction, the director beneficially owned 297,362.7 shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 30,000 shares
Net Buy
1 txn
Insider
NIEHAUS ROBERT H
Role
Director
Bought
30,000 shs ($525K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 30,000 | $17.49 | $525K |
Holdings After Transaction:
Common Stock — 297,362.7 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $17.29 to $17.71, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote to this Form 4.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did IRDM’s insider report on Form 4?
A director reported purchasing 30,000 shares of Iridium Communications common stock on 10/28/2025.
What is the reporting person’s ownership after the transaction?
Beneficial ownership is 297,362.7 shares, held directly.
What was the transaction code on the Form 4 for IRDM?
The transaction code was P, indicating an open‑market or private purchase of non‑derivative securities.
Was the purchase made in multiple trades?
Yes. The filing notes multiple transactions within a price range of $17.29 to $17.71.
AI-generated analysis. How Rhea-AI works. Not financial advice.