Iridium CFO has 1,461 shares withheld for taxes
Iridium’s CFO had shares withheld to cover taxes on RSU vesting, leaving him with over 126,000 directly held shares.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Iridium Communications Inc. (IRDM) reported that its Chief Financial Officer, Vincent James O'Neill, had 1,461 shares of common stock withheld on September 1, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units. The shares were valued at $46.98 per share, and he now directly holds 126,944 shares of common stock. No Rule 10b5-1 trading plan is reported for this tax-withholding transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,461 | $46.98 | $69K |
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
Rule 10b5-1 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IRDM report for its CFO?
Was the IRDM CFO’s Form 4 transaction a market sale or a tax withholding?
Was the IRDM CFO’s tax-withholding transaction under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.