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Iridium (NASDAQ: IRDM) COO gifts 17,403 shares, holds 264,614

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Iridium Communications Inc. (IRDM) reported that Chief Operations Officer and director Suzanne E. McBride made a bona fide gift of 17,403 shares of common stock on 2026-08-20. The gift carried no per-share consideration, and she now directly holds 264,614 common shares after the transaction.

Positive

  • None.

Negative

  • None.
Insider McBride Suzanne E.
Role Chief Operations Officer
Type Security Shares Price Value
Gift Common Stock 17,403 $0.00 $0.00
Holdings After Transaction: Common Stock — 264,614 shares (Direct)
Shares gifted 17,403 shares of Common Stock Bona fide gift reported on 2026-08-20 by Suzanne E. McBride
Price per share $0.00 per share Reported consideration for the 17,403-share bona fide gift
Shares owned after transaction 264,614 shares of Common Stock Direct ownership by Suzanne E. McBride following the gift
Gift transactions in this filing 1 bona fide gift for 17,403 shares GiftCount and GiftShares from transaction summary
bona fide gift financial
"transaction_code_description: "Bona fide gift""
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.
non-derivative financial
"transaction_type: "non-derivative""
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
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 disclose for Suzanne E. McBride?

Suzanne E. McBride, Chief Operations Officer and director of Iridium Communications Inc. (IRDM), reported a bona fide gift of 17,403 shares of common stock on 2026-08-20, with no reported per-share consideration received for the transferred shares.

How many IRDM shares did Suzanne E. McBride transfer in this Form 4?

Suzanne E. McBride transferred 17,403 shares of Iridium Communications Inc. common stock as a bona fide gift on 2026-08-20. The transaction code was G, indicating a gift disposition, and the reported price per share was $0.00.

What is Suzanne E. McBride’s IRDM shareholding after the reported gift?

After the reported gift transaction, Suzanne E. McBride directly holds 264,614 shares of Iridium Communications Inc. common stock. This post-transaction balance is disclosed as her total direct ownership following the 17,403-share bona fide gift.

Was the IRDM insider gift made under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox was not marked, so the reported 17,403-share bona fide gift by Suzanne E. McBride was not affirmatively reported as made pursuant to a Rule 10b5-1 trading plan.

Is the 17,403-share IRDM transaction a sale or purchase?

The transaction is reported as a bona fide gift of 17,403 shares, coded as G on Form 4. It is categorized as a disposition (gift transfer), not as a market sale or purchase, and shows a reported price of $0.00 per share.

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

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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*
McBride Suzanne E.

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Operations Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026
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 Stock08/20/2026G17,403D$0264,614D
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:
/s/ Peter L. Trentman, Attorney-in-Fact08/21/2026
** 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)