STOCK TITAN

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.

(Neutral)
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider O'Neill Vincent James
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock F1 1,461 $46.98 $69K
Holdings After Transaction: Common Stock — 126,944 shares (Direct)
Footnotes (1)
  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.
Shares withheld for taxes 1,461 shares Common stock withheld on September 1, 2026 to satisfy tax withholding obligations
Per-share value of withheld shares $46.98 per share Valuation applied to the 1,461 withheld shares
Shares held after transaction 126,944 shares Directly held Iridium common stock by the CFO after tax withholding
restricted stock units financial
"in connection with the non-reportable vesting and settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

What insider transaction did IRDM report for its CFO?

Iridium Communications Inc. reported that CFO Vincent James O'Neill had 1,461 shares of common stock withheld on September 1, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units.

Was the IRDM CFO’s Form 4 transaction a market sale or a tax withholding?

The transaction was tax withholding, not a market sale. Iridium stated the 1,461 shares represented shares withheld by the issuer to satisfy the CFO’s tax withholding obligations upon RSU vesting and settlement.

At what price were the withheld IRDM shares valued in this Form 4?

The withheld shares were valued at $46.98 per share. This price applies to the 1,461 shares of Iridium common stock withheld to cover the CFO’s tax withholding obligations related to restricted stock unit vesting.

How many IRDM shares does the CFO hold after the reported transaction?

After the tax-withholding transaction, CFO Vincent James O'Neill directly holds 126,944 shares of Iridium common stock. This figure reflects his direct ownership following the withholding of 1,461 shares for tax purposes.

Was the IRDM CFO’s tax-withholding transaction under a Rule 10b5-1 plan?

No. The filing indicates no Rule 10b5-1 trading plan for this transaction. The shares were withheld by the issuer solely to satisfy the CFO’s tax withholding obligations related to RSU vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
O'Neill Vincent James

(Last)(First)(Middle)
C/O IRIDIUM COMMUNICATIONS INC.
1676 INTERNATIONAL DRIVE, SUITE 1100

(Street)
MCLEAN VIRGINIA 22102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Iridium Communications Inc. [ IRDM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/01/2026F(1)1,461D$46.98126,944D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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/ Peter L. Trentman, Attorney-in-Fact09/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)