Iridium CEO buys 20,000 shares at $17.33; Form 4 filed

Iridium Communications (IRDM) reported an insider purchase by its Chief Executive Officer and Director.

Accepted by SEC EDGAR 11/03/2025 - 04:29 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Iridium Communications (IRDM) reported an insider purchase by its Chief Executive Officer and Director. On 10/30/2025, the reporting person bought 20,000 shares of common stock at a weighted average price of $17.33 (Transaction Code P).

After the trade, the insider beneficially owned 1,127,019 shares, held directly. A footnote states the purchase occurred in multiple transactions within a price range of $16.96 to $17.65, and detailed breakdowns are available upon request.

Insider Trade Summary

Net Buyer: 20,000 shares

Net Buy 1 txn

Insider DESCH MATTHEW J

Role CHIEF EXECUTIVE OFFICER

Bought 20,000 shs ($347K)

Increase in Position 1.8%

Type	Security	Shares	Price	Value
Purchase	Common Stock	20,000	$17.33	$347K

Holdings After Transaction: Common Stock — 1,127,019 shares (Direct)

Holdings Before and After: Common Stock, 1,107,019 to 1,127,019 shares (Direct)

Other Insiders: 1 other insider reported open-market purchases of this stock in the 30 days up to this filing.

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $16.96 to $17.65, 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 purchased at each separate price within the range set forth in this footnote to this Form 4.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did IRDM disclose?

The CEO and Director reported purchasing 20,000 shares of Iridium Communications common stock.

At what price were the IRDM shares purchased?

The shares were acquired at a weighted average price of $17.33.

When did the IRDM insider purchase occur?

The transaction date was 10/30/2025.

How many IRDM shares does the insider own after the transaction?

Following the trade, the insider beneficially owned 1,127,019 shares, held directly.

What does Transaction Code P mean on the Form 4?

Code P indicates a purchase of the issuer’s equity securities.

Was the IRDM purchase executed in multiple trades?

Yes. The filing notes multiple transactions within a $16.96–$17.65 price range, with details available upon request.

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

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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^*

DESCH MATTHEW J

(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 EXECUTIVE OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
10/30/2025

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	10/30/2025		P		20,000	A	$17.33(1)	1,127,019	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 price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $16.96 to $17.65, 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 purchased at each separate price within the range set forth in this footnote to this Form 4.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Peter L. Trentman, Attorney-in-Fact	11/03/2025
	** 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.