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Vanguard discloses 0 shares in Iridium (NASDAQ: IRDM) after realignment

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Iridium Communications Inc filing shows an amendment to a Schedule 13G/A by The Vanguard Group reporting 0 shares beneficially owned, representing 0% of the class as of 03/13/2026.

The filing explains an internal realignment at The Vanguard Group that caused certain subsidiaries to report separately and states that Vanguard no longer has beneficial ownership over securities held by those subsidiaries. The form is signed by Ashley Grim on 03/26/2026.

Positive

  • None.

Negative

  • None.

Insights

Vanguard reports no beneficial ownership after internal realignment.

The Schedule 13G/A amendment states 0 shares and 0% ownership as of 03/13/2026, reflecting an internal disaggregation where subsidiaries now report separately under SEC Release No. 34-39538.

Cash‑flow treatment and any subsidiary holdings are not detailed in this excerpt; subsequent filings by those subsidiaries may show their reported positions.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.


SCHEDULE 13G



The Vanguard Group
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:03/26/2026

FAQ

What does The Vanguard Group report for IRDM in the Schedule 13G/A?

The Vanguard Group reports 0 shares beneficially owned and 0% ownership as of 03/13/2026. The amendment attributes the change to an internal realignment causing subsidiaries to report separately.

Why does Vanguard say it no longer has beneficial ownership in this filing?

The filing cites SEC Release No. 34-39538 and an internal realignment on 01/12/2026, stating certain subsidiaries now report ownership separately and Vanguard no longer is deemed to have beneficial ownership of those subsidiary-held securities.

Who signed the Schedule 13G/A amendment for Vanguard?

The filing is signed by Ashley Grim, Head of Global Fund Administration, with the signature date shown as 03/26/2026. The signature attests to the information provided in the amendment.

Does this filing disclose how many shares the Vanguard subsidiaries hold in IRDM?

This amendment reports Vanguard's beneficial ownership as 0 shares and does not list subsidiary holdings. The document explains subsidiaries will report separately; their positions are not included in this excerpt.

Does the Schedule 13G/A indicate any change in Vanguard’s investment strategy for IRDM?

The amendment states the subsidiaries "pursue the same investment strategies" previously pursued by Vanguard prior to the realignment. No new strategic changes or trading actions are disclosed in this excerpt.
Iridium Comm

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