Baralonco group details pledged Iridium (IRDM) 9.44% ownership stake

Rhea-AI Filing Summary

Baralonco Limited, the Estate of the late Khalid bin Abdullah bin Abdulrahman, and Fahd bin Khalid bin Abdullah bin Abdulrahman (as legal representative of the Estate) each report beneficial ownership of 10,000,000 shares of Iridium Communications Inc. common stock, representing 9.44% of the class, based on 105,960,383 shares outstanding as of July 15, 2026.

The amendment describes financing arrangements involving these shares. A $160,000,000 dollar term facility for Mawarid Holding Company is secured in part by up to 8,272,727 Iridium shares pledged by Baralonco under a Collateral Accounts Pledge Agreement with Abu Dhabi Commercial Bank PJSC, with advances required to be repaid in full within 12 months after the relevant advance.

On July 31, 2026, Baralonco entered into a Client Security Interest Agreement with Barclays Bank PLC, pledging 1,727,273 Iridium shares in connection with a lending arrangement between Barclays and a person affiliated with Baralonco. In both pledge structures, Baralonco retains voting rights over the pledged shares until an event of default occurs but is not entitled to dispose of those shares.

Key Figures

Beneficial ownership: 10,000,000 shares Ownership percentage: 9.44 % Shares outstanding: 105,960,383 shares +4 more

7 metrics

Beneficial ownership 10,000,000 shares Iridium Communications common stock beneficially owned by each reporting person

Ownership percentage 9.44 % Percent of Iridium common stock class represented by 10,000,000 shares

Shares outstanding 105,960,383 shares Iridium common stock outstanding as of July 15, 2026

Facility size $160,000,000 Dollar term facility made available to Mawarid Holding Company

Shares pledged under ADCB facility 8,272,727 shares Iridium shares beneficially owned by Baralonco pledged as collateral

Shares pledged under Barclays agreement 1,727,273 shares Iridium shares pledged under Client Security Interest Agreement with Barclays Bank PLC

Advance repayment term 12 months Advances under the Facility Agreement to be repaid in full within 12 months after the relevant advance

Key Terms

Schedule 13D, beneficially owned, Collateral Accounts Pledge Agreement, Client Security Interest Agreement, +1 more

5 terms

Schedule 13D regulatory

"supplements and amends the statement on Schedule 13D initially filed"

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.

beneficially owned financial

"including up to 8,272,727 shares of Common Stock beneficially owned by the Company"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Collateral Accounts Pledge Agreement financial

"entered into a Collateral Accounts Pledge Agreement with Abu Dhabi Commercial Bank PJSC"

Client Security Interest Agreement financial

"entered into a Client Security Interest Agreement with Barclays Bank PLC"

event of default financial

"Until the occurrence of an event of default, the Company is entitled to exercise all voting rights"

An event of default is a specific breach of a loan or bond agreement—such as missed payments or breaking agreed rules—that gives lenders the legal right to act, for example by demanding immediate repayment, seizing collateral, or accelerating other obligations. For investors, it’s a red flag because it can sharply reduce a company’s ability to operate or raise money, like a car lender repossessing a vehicle after missed payments, and often leads to falling share or bond prices.

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

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Available on EDGAR 08/04/2026 - 09:10 PM Accepted by SEC EDGAR 08/04/2026 - 09:09 PM Learn about SEC filing dates

FAQ

What ownership stake in Iridium Communications (IRDM) is reported in the latest Schedule 13D/A amendment?

The reporting persons disclose beneficial ownership of 10,000,000 Iridium Communications common shares, representing 9.44% of the outstanding common stock, based on 105,960,383 shares outstanding as of July 15, 2026.

Who are the reporting persons in the Iridium Communications (IRDM) Schedule 13D/A?

The amendment lists Baralonco Limited, the Estate of the late Khalid bin Abdullah bin Abdulrahman, and Fahd bin Khalid bin Abdullah bin Abdulrahman as legal representative of the Estate as the reporting persons.

How many Iridium Communications (IRDM) shares are pledged under the Abu Dhabi Commercial Bank facility?

Baralonco pledges collateral that includes up to 8,272,727 Iridium common shares under a $160,000,000 dollar term facility with Abu Dhabi Commercial Bank PJSC, supporting borrowing by Mawarid Holding Company.

What are the key terms of the $160,000,000 facility referenced in the IRDM Schedule 13D/A?

Mawarid Holding Company obtained a $160,000,000 dollar term facility with advances that must be repaid in full within 12 months after each advance, secured in part by up to 8,272,727 Iridium shares pledged by Baralonco.

What security interest does Barclays hold over Iridium Communications (IRDM) shares?

On July 31, 2026, Baralonco entered a Client Security Interest Agreement with Barclays Bank PLC, pledging 1,727,273 Iridium common shares in connection with a lending arrangement involving a person affiliated with Baralonco.

What voting and disposal rights apply to the pledged Iridium Communications (IRDM) shares?

Under both pledge agreements, Baralonco retains voting rights on the pledged Iridium shares until an event of default, but cannot dispose of those pledged shares while no default has occurred.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 10)

Iridium Communications Inc.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

46269C102

(CUSIP Number)

Steven B. Pfeiffer, Esq.
Norton Rose Fulbright US LLP, 799 9th Street NW, Suite 1000
Washington, DC, 20001
(202) 662-4585

Brandon Byrne, Esq.
Norton Rose Fulbright US LLP, 2200 Ross Avenue, Suite 3600
Dallas, TX, 75201-7932
(214) 855-7437

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

07/31/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 46269C102

1

Name of reporting person

Baralonco Limited

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 10,000,000.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 10,000,000.00

11

Aggregate amount beneficially owned by each reporting person

10,000,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

9.44 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

* Based on 105,960,383 shares of Common Stock outstanding as of July 15, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026 filed with the Securities and Exchange Commission on July 22, 2026.

SCHEDULE 13D

CUSIP Number(s): 46269C102

1

Name of reporting person

Estate of the late Khalid bin Abdullah bin Abdulrahman

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

SAUDI ARABIA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 10,000,000.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 10,000,000.00

11

Aggregate amount beneficially owned by each reporting person

10,000,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

9.44 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

* Based on 105,960,383 shares of Common Stock outstanding as of July 15, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026 filed with the Securities and Exchange Commission on July 22, 2026.

SCHEDULE 13D

CUSIP Number(s): 46269C102

1

Name of reporting person

Fahd bin Khalid bin Abdullah bin Abdulrahman, as legal representative of the Estate of the late Khalid bin Abdullah bin Abdulrahman

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

SAUDI ARABIA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 10,000,000.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 10,000,000.00

11

Aggregate amount beneficially owned by each reporting person

10,000,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

9.44 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

*Based on 105,960,383 shares of Common Stock outstanding as of July 15, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026 filed with the Securities and Exchange Commission on July 22, 2026.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, par value $0.001 per share
(b)	Name of Issuer: Iridium Communications Inc.
(c)	Address of Issuer's Principal Executive Offices: 1750 Tysons Boulevard, Suite 1400, McLean, VIRGINIA , 22102.
Item 1 Comment: This Amendment No. 9 to Schedule 13D (this "Amendment No. 9") relates to the common stock, par value $0.001 per share (the "Common Stock"), of Iridium Communications Inc., a Delaware corporation (the "Issuer"). This Amendment No. 9 supplements and amends the statement on Schedule 13D initially filed with the Securities and Exchange Commission (the "SEC") on October 8, 2009 by (i) Baralonco Limited, a British Virgin Islands company (the "Company") and (ii) Khalid bin Abdullah bin Abdulrahman, as amended by Amendment No. 1 to Schedule 13D filed with the SEC on October 9, 2012, Amendment No. 2 to Schedule 13D filed with the SEC on June 3, 2014, Amendment No. 3 to Schedule 13D filed with the SEC on May 17, 2019, Amendment No. 4 to Schedule 13D filed with the SEC on August 26, 2021, Amendment No. 5 to Schedule 13D filed with the SEC on November 26, 2021, Amendment No. 6 to Schedule 13D filed with the SEC on March 11, 2022, Amendment No. 7 to Schedule 13D filed with the SEC on June 26, 2025, Amendment No. 8 to Schedule 13D filed with the SEC on November 26, 2025, and Amendment No. 9 to Schedule 13D filed with the SEC on April 2, 2026 (collectively, the "Amended Schedule 13D"). Except as supplemented and amended herein, the Amended Schedule 13D is unchanged. Reference should be made to the Amended Schedule 13D for additional information.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	As previously disclosed, on June 24, 2025, (1) Mawarid Holding Company, as Borrower, entered into a Facility Agreement with Abu Dhabi Commercial Bank PJSC, as Arranger, Facility Agent, and Lender, and the Lenders parties thereto, pursuant to which, among other things, the Lenders made available a dollar term facility in an aggregate amount equal to the $160,000,000, with advances required to be repaid in full within 12 months after the relevant advance, and (2) the Company, as Pledgor, entered into a Collateral Accounts Pledge Agreement with Abu Dhabi Commercial Bank PJSC, as Pledgee, pursuant to which, among other things, the Company pledges certain collateral accounts and assets as security for the obligations of Mawarid Holding Company in respect of the Facility Agreement, including up to 8,272,727 shares of Common Stock beneficially owned by the Company. As previously disclosed, until the occurrence of an event of default, the Company is entitled to exercise all voting rights in respect of the pledged shares, but is not entitled to dispose of the pledged shares. The Facility Agreement and the Collateral Accounts Pledge Agreement generally contain customary representations, warranties, covenants, conditions, and events of default. On July 31, 2026, the Company entered into a Client Security Interest Agreement with Barclays Bank PLC, pursuant to which, among other things, the Company pledged 1,727,273 shares of Common Stock beneficially owned by the Company in connection with a lending arrangement between Barclays Bank PLC and a person affiliated with the Company. Until the occurrence of an event of default, the Company is entitled to exercise all voting rights in respect of the pledged shares, but is not entitled to dispose of the pledged shares. The Client Security Interest Agreement generally contains customary representations, warranties, covenants, conditions, and events of default.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Baralonco Limited

Signature:	By: /s/ Steven B. Pfeiffer
Name/Title:	Steven B. Pfeiffer, Director
Date:	08/04/2026

Estate of the late Khalid bin Abdullah bin Abdulrahman

Signature:	By: /s/ Steven B. Pfeiffer
Name/Title:	Steven B. Pfeiffer, Attorney-in-Fact
Date:	08/04/2026

Fahd bin Khalid bin Abdullah bin Abdulrahman, as legal representative of the Estate of the late Khalid bin Abdullah bin Abdulrahman

Signature:	By: /s/ Steven B. Pfeiffer
Name/Title:	Steven B. Pfeiffer, Attorney-in-Fact
Date:	08/04/2026