STOCK TITAN

[Form 4] Iridium Communications Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Suzanne E. McBride, who serves as Chief Operations Officer and a director of Iridium Communications Inc. (IRDM), reported a transaction on Form 4 where 2,821 shares of Common Stock were disposed on 09/01/2025 at a price of $24.89 per share. The filing states the shares were withheld by the issuer to satisfy the reporting person’s tax withholding obligations related to the vesting and settlement of restricted stock units. Following the transaction, McBride beneficially owned 222,272 shares in a direct ownership form. The form was signed by an attorney-in-fact on 09/02/2025.

Suzanne E. McBride, Chief Operations Officer e membro del consiglio di Iridium Communications Inc. (IRDM), ha segnalato nel Modulo 4 la cessione di 2.821 azioni di Common Stock in data 01/09/2025 al prezzo di $24.89 per azione. La documentazione indica che le azioni sono state trattenute dall'emittente per adempiere alle obbligazioni fiscali della reporting person derivanti dal vesting e dal regolamento di restricted stock unit. Dopo l'operazione, McBride deteneva beneficiariamente 222.272 azioni in proprietà diretta. Il modulo è stato firmato per procura il 02/09/2025.

Suzanne E. McBride, directora y Chief Operations Officer de Iridium Communications Inc. (IRDM), informó en el Formulario 4 la disposición de 2.821 acciones de Common Stock el 01/09/2025 a $24.89 por acción. El informe señala que las acciones fueron retenidas por el emisor para cubrir las obligaciones fiscales de la persona informante relacionadas con el vesting y la liquidación de restricted stock units. Tras la transacción, McBride poseía beneficiariamente 222.272 acciones en propiedad directa. El formulario fue firmado por apoderado el 02/09/2025.

Suzanne E. McBride는 Iridium Communications Inc. (IRDM)의 최고운영책임자 겸 이사회 이사로서 Form 4에 2,821주 보통주2025-09-01에 주당 $24.89에 처분했다고 보고했습니다. 제출서류에는 제한 주식 단위(restricted stock units)의 베스팅 및 정산과 관련한 보고인의 세금 원천징수 의무를 충당하기 위해 발행사가 주식을 보류했다고 명시되어 있습니다. 거래 후 McBride는 직접 소유 형태로 222,272주를 실질적으로 보유하고 있었습니다. 해당 서식은 2025-09-02에 대리인이 서명했습니다.

Suzanne E. McBride, Directrice des opérations et administratrice d'Iridium Communications Inc. (IRDM), a déclaré dans le Formulaire 4 la cession de 2 821 actions de Common Stock le 01/09/2025 au prix de $24.89 par action. Le dépôt précise que les actions ont été retenues par l'émetteur pour satisfaire aux obligations fiscales de retenue de la personne déclarante liées au vesting et au règlement des restricted stock units. Après la transaction, McBride détenait à titre bénéficiaire 222 272 actions en propriété directe. Le formulaire a été signé par un mandataire le 02/09/2025.

Suzanne E. McBride, Chief Operations Officer und Direktorin von Iridium Communications Inc. (IRDM), meldete in Formular 4 die Veräußerung von 2.821 Aktien der Common Stock am 01.09.2025 zu einem Preis von $24,89 je Aktie. Die Einreichung besagt, dass die Aktien vom Emittenten einbehalten wurden, um die steuerlichen Abzugsverpflichtungen der meldepflichtigen Person im Zusammenhang mit dem Vesting und der Abrechnung von Restricted Stock Units zu erfüllen. Nach der Transaktion besaß McBride wirtschaftlich 222.272 Aktien in direktem Eigentum. Das Formular wurde am 02.09.2025 von einem Bevollmächtigten unterzeichnet.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: This is a routine insider tax-withholding transaction, not a market sale, reducing beneficial shares by 2,821.

The Form 4 discloses a non-derivative disposal of 2,821 shares by Suzanne E. McBride on 09/01/2025 at $24.89 per share. The filing explicitly explains the disposal resulted from issuer withholding to satisfy tax obligations upon RSU vesting and settlement. Reporting shows direct beneficial ownership of 222,272 shares after the withholding. There is no indication of additional sales, option exercises, or derivative activity. Documentation was executed by an attorney-in-fact on 09/02/2025, consistent with standard Form 4 procedural practice.

TL;DR: Routine insider reporting of tax-related share withholding; materiality to investors is limited.

The disclosure identifies the reporting person as both an officer (Chief Operations Officer) and a director, and records a tax-withholding share disposition of 2,821 common shares. The nature of the transaction is explicitly stated as withholding to satisfy tax liabilities from RSU vesting, which aligns with common executive compensation settlements. The Form 4 shows direct ownership remains at 222,272 shares. No governance or control changes are reported in this filing.

Suzanne E. McBride, Chief Operations Officer e membro del consiglio di Iridium Communications Inc. (IRDM), ha segnalato nel Modulo 4 la cessione di 2.821 azioni di Common Stock in data 01/09/2025 al prezzo di $24.89 per azione. La documentazione indica che le azioni sono state trattenute dall'emittente per adempiere alle obbligazioni fiscali della reporting person derivanti dal vesting e dal regolamento di restricted stock unit. Dopo l'operazione, McBride deteneva beneficiariamente 222.272 azioni in proprietà diretta. Il modulo è stato firmato per procura il 02/09/2025.

Suzanne E. McBride, directora y Chief Operations Officer de Iridium Communications Inc. (IRDM), informó en el Formulario 4 la disposición de 2.821 acciones de Common Stock el 01/09/2025 a $24.89 por acción. El informe señala que las acciones fueron retenidas por el emisor para cubrir las obligaciones fiscales de la persona informante relacionadas con el vesting y la liquidación de restricted stock units. Tras la transacción, McBride poseía beneficiariamente 222.272 acciones en propiedad directa. El formulario fue firmado por apoderado el 02/09/2025.

Suzanne E. McBride는 Iridium Communications Inc. (IRDM)의 최고운영책임자 겸 이사회 이사로서 Form 4에 2,821주 보통주2025-09-01에 주당 $24.89에 처분했다고 보고했습니다. 제출서류에는 제한 주식 단위(restricted stock units)의 베스팅 및 정산과 관련한 보고인의 세금 원천징수 의무를 충당하기 위해 발행사가 주식을 보류했다고 명시되어 있습니다. 거래 후 McBride는 직접 소유 형태로 222,272주를 실질적으로 보유하고 있었습니다. 해당 서식은 2025-09-02에 대리인이 서명했습니다.

Suzanne E. McBride, Directrice des opérations et administratrice d'Iridium Communications Inc. (IRDM), a déclaré dans le Formulaire 4 la cession de 2 821 actions de Common Stock le 01/09/2025 au prix de $24.89 par action. Le dépôt précise que les actions ont été retenues par l'émetteur pour satisfaire aux obligations fiscales de retenue de la personne déclarante liées au vesting et au règlement des restricted stock units. Après la transaction, McBride détenait à titre bénéficiaire 222 272 actions en propriété directe. Le formulaire a été signé par un mandataire le 02/09/2025.

Suzanne E. McBride, Chief Operations Officer und Direktorin von Iridium Communications Inc. (IRDM), meldete in Formular 4 die Veräußerung von 2.821 Aktien der Common Stock am 01.09.2025 zu einem Preis von $24,89 je Aktie. Die Einreichung besagt, dass die Aktien vom Emittenten einbehalten wurden, um die steuerlichen Abzugsverpflichtungen der meldepflichtigen Person im Zusammenhang mit dem Vesting und der Abrechnung von Restricted Stock Units zu erfüllen. Nach der Transaktion besaß McBride wirtschaftlich 222.272 Aktien in direktem Eigentum. Das Formular wurde am 02.09.2025 von einem Bevollmächtigten unterzeichnet.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McBride Suzanne E.

(Last) (First) (Middle)
C/O IRIDIUM COMMUNICATIONS INC.
1750 TYSONS BOULEVARD, SUITE 1400

(Street)
MCLEAN VA 22102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Iridium Communications Inc. [ IRDM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CHIEF OPERATIONS OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/01/2025 F(1) 2,821 D $24.89 222,272 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Patrick McClain, Attorney-in-Fact 09/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Iridium Comm

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