MATTHEW J. DESCH - 19 Dec 2024 Form 4 Insider Report for Iridium Communications Inc. (IRDM)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ Brian Leaf, Attorney-in-Fact
Issuer symbol
IRDM
Transactions as of
19 Dec 2024
Transactions value $
-$332,436
Form type
4
Filing time
23 Dec 2024, 17:00:15 UTC
Previous filing
03 Dec 2024
Next filing
26 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRDM Common Stock Tax liability -$332K -11.3K -1.11% $29.50 1M 19 Dec 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction involved the withholding of shares of stock to pay taxes associated with the reporting person becoming eligible for accelerated vesting upon a qualified retirement under the issuer's "sum of 70" program with respect to certain restricted stock unit awards held by the reporting person.