Iridium's Suzanne McBride sells 85,454 shares at $50.28 avg
Iridium Communications Inc. (IRDM) reported that Chief Operations Officer and director Suzanne E. McBride sold common stock in an open-market transaction.
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Rhea-AI Filing Summary
Iridium Communications Inc. (IRDM) reported that Chief Operations Officer and director Suzanne E. McBride sold common stock in an open-market transaction. She sold 85,454 shares on 2026-08-17 at a weighted average price of $50.28 per share, with individual sale prices ranging from $50.00 to $50.90. Following this sale, she directly holds 282,017 shares of Iridium common stock.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 85,454 | $50.28 | $4.30M |
Footnotes (1)
- F1. This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.90, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
Key Figures
Key Terms
weighted average price financial
open market or private transaction financial
transaction code regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did IRDM report for Suzanne E. McBride on this Form 4?
Was the Iridium Communications (IRDM) insider sale under a Rule 10b5-1 trading plan?
What does transaction code "S" mean in the Iridium Communications (IRDM) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.