Baralonco Limited (IRDM) updates Iridium 9.53% ownership in amended filing
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary
Iridium Communications Inc. insider filing updates a major shareholder’s ownership disclosure. Baralonco Limited now reports beneficial ownership of 10,000,000 shares of Iridium common stock, representing approximately 9.53% of the company’s outstanding shares as of February 6, 2026.
The estate of the late Khalid bin Abdullah bin Abdulrahman, which wholly owns Baralonco Limited, and Fahd bin Khalid bin Abdullah bin Abdulrahman as legal representative of the estate may each be deemed to beneficially own the same 10,000,000 shares. This Amendment No. 9 corrects an inadvertent administrative error in the prior ownership calculation.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 10,000,000 shares
Ownership percentage: 9.53%
Shares outstanding: 104,956,759 shares
+2 more
5 metrics
Beneficially owned shares
10,000,000 shares
Iridium common stock beneficially owned by Baralonco Limited
Ownership percentage
9.53%
Portion of Iridium common stock class represented by 10,000,000 shares
Shares outstanding
104,956,759 shares
Iridium common stock outstanding as of February 6, 2026 per Form 10-K
Amendment number
Amendment No. 9
Latest amendment to the Schedule 13D ownership statement
Event date
04/02/2026
Date of event requiring this Schedule 13D amendment
Key Terms
beneficially owns, Schedule 13D, Amendment No. 9, Rule 13d-3, +1 more
5 terms
beneficially owns financial
"The Company beneficially owns 10,000,000 shares of Common Stock, representing approximately 9.53% of the Common Stock outstanding"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
Schedule 13D regulatory
"This Amendment No. 9 supplements and amends the statement on initially filed with the Securities and Exchange Commission"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
Amendment No. 9 regulatory
"This Amendment No. 9 corrects an inadvertent administrative error in the calculation of the number of shares"
Rule 13d-3 regulatory
"as calculated under Rule 13d-3 of the Securities and Exchange Act of 1934, as amended"
Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.
estate financial
"As the Company is wholly owned by the estate of the late Khalid bin Abdullah bin Abdulrahman (the "Estate")"
FAQ
What ownership stake in Iridium Communications Inc. (IRDM) is reported in this Schedule 13D/A?
The filing reports beneficial ownership of 10,000,000 shares of Iridium common stock, equal to approximately 9.53% of the company’s outstanding shares as of February 6, 2026, based on 104,956,759 shares reported outstanding in Iridium’s latest Form 10-K.
Who is the primary reporting person in this Iridium (IRDM) Schedule 13D/A Amendment No. 9?
The primary reporting person is Baralonco Limited, a company organized in the British Virgin Islands. Baralonco Limited directly holds the 10,000,000 Iridium common shares that are reported as being beneficially owned under this amended Schedule 13D filing.
What change does Amendment No. 9 make to the Iridium (IRDM) ownership disclosure?
Amendment No. 9 corrects an inadvertent administrative error in the prior calculation of Iridium shares beneficially owned. It restates that 10,000,000 shares, or about 9.53% of the class, are beneficially owned, while leaving all other aspects of the earlier filing unchanged.