Iridium (NASDAQ: IRDM) director gifts 50K shares, holds 266,910.2 after
Rhea-AI Filing Summary
Iridium Communications Inc. (IRDM) director Robert H. Niehaus reported a disposition of common stock through a bona fide gift on August 17, 2026. He transferred 50,000 shares of Iridium common stock at a reported price of $0.00 per share, and his directly held stake after the gift is 266,910.2 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares
Net Sell
1 txn
Insider
NIEHAUS ROBERT H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 50,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 266,910.2 shares (Direct)
Key Figures
Shares gifted: 50,000 shares
Reported transaction price: $0.00 per share
Shares owned after transaction: 266,910.2 shares
+2 more
5 metrics
Shares gifted
50,000 shares
Bona fide gift of Iridium Communications Inc. common stock on August 17, 2026
Reported transaction price
$0.00 per share
Price per share for the 50,000-share bona fide gift
Shares owned after transaction
266,910.2 shares
Directly held Iridium common stock by Robert H. Niehaus following the gift
Gift transactions count
1
Number of bona fide gift transactions reported in this Form 4
Gift shares total
50,000 shares
Total shares classified as bona fide gift in transaction summary
Key Terms
bona fide gift, Form 4, transaction code G
3 terms
bona fide gift regulatory
"The transaction code G is described as a bona fide gift of shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Form 4 regulatory
"The insider transaction is disclosed on SEC Form 4 for IRDM"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code G regulatory
"Transaction code G indicates the transfer was a bona fide gift"
FAQ
What insider transaction did IRDM director Robert H. Niehaus report?
Robert H. Niehaus reported a bona fide gift of Iridium Communications Inc. common stock. On August 17, 2026, he transferred 50,000 shares at a reported price of $0.00 per share, reflecting a non-sale, gift disposition.
Was the August 17, 2026 IRDM insider transaction a purchase or sale?
The August 17, 2026 transaction by Robert H. Niehaus was reported as a bona fide gift, not a market purchase or sale. The Form 4 shows a transfer of 50,000 shares at $0.00 per share, categorized as a gift disposition.
AI-generated analysis. How Rhea-AI works. Not financial advice.