Suzanne E. McBride - 01 Mar 2025 Form 4 Insider Report for Iridium Communications Inc. (IRDM)

Role: CHIEF OPERATIONS OFFICER, Director
Signature: /s/ Brian Leaf, Attorney-in-Fact
Issuer symbol: IRDM
Transactions as of: 01 Mar 2025
Net transactions value: -$775,682
Form type: 4
Filing time: 04 Mar 2025, 18:35:43 UTC
Previous filing: 11 Feb 2025
Next filing: 15 May 2025
SEC: View on sec.gov

Quoteable Key Fact

"Suzanne E. McBride filed Form 4 for Iridium Communications Inc. (IRDM) on 04 Mar 2025."

Quick Takeaways

This page summarizes Suzanne E. McBride's Form 4 filing for Iridium Communications Inc. (IRDM).
7 reported transactions and 0 derivative rows are listed below.
Filing timestamp: 04 Mar 2025, 18:35.

What Changed

Previous filing in this sequence was filed on 11 Feb 2025.
Current net transaction value: -$775,682.

Why This Matters

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

IRDM transaction

Common Stock

Tax liability

Transaction value: $249,356
Shares: -7,901
Change %: -4.4%
Price: $31.56
Shares after: 172,863
Date: 01 Mar 2025
Ownership: Direct
Footnotes: F1

IRDM transaction

Common Stock

Tax liability

Transaction value: $317,557
Shares: -10,062
Change %: -5.8%
Price: $31.56
Shares after: 162,801
Date: 01 Mar 2025
Ownership: Direct
Footnotes: F2

IRDM transaction

Common Stock

Award

Transaction value: $0
Shares: +16,784
Change %: +10%
Price: $0.000000
Shares after: 179,585
Date: 01 Mar 2025
Ownership: Direct
Footnotes: F3

IRDM transaction

Common Stock

Tax liability

Transaction value: $110,839
Shares: -3,512
Change %: -2%
Price: $31.56
Shares after: 176,073
Date: 01 Mar 2025
Ownership: Direct
Footnotes: F4

IRDM transaction

Common Stock

Award

Transaction value: $0
Shares: +47,528
Change %: +27%
Price: $0.000000
Shares after: 223,601
Date: 01 Mar 2025
Ownership: Direct
Footnotes: F5

IRDM transaction

Common Stock

Award

Transaction value: $0
Shares: +7,415
Change %: +3.3%
Price: $0.000000
Shares after: 231,016
Date: 02 Mar 2025
Ownership: Direct
Footnotes: F6

IRDM transaction

Common Stock

Tax liability

Transaction value: $97,931
Shares: -3,103
Change %: -1.3%
Price: $31.56
Shares after: 227,913
Date: 02 Mar 2025
Ownership: Direct
Footnotes: F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units.
F2	The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the non-reportable vesting and settlement of a restricted stock unit award that previously vested with respect to one-half of the shares underlying the award on March 1, 2024. The amount being reported herein represents amounts withheld to satisfy tax withholding obligations in connection with the vesting and settlement of the remaining one-half on March 1, 2025.
F3	These shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. Of the shares underlying this restricted stock unit award, one-half vested on March 1, 2025 and the remainder will vest on March 1, 2026, subject to the reporting person's continuous service with the issuer as of the vesting date.
F4	The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of the restricted stock unit award reported in footnote (3) herein.
F5	These shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. Of the shares underlying this restricted stock unit award, 34% shall vest on March 1, 2026 and the remainder shall vest in equal quarterly installments thereafter on each June 1, September 1, December 1 and March 1, so that all shares of common stock shall be vested as of March 1, 2028, subject to the reporting person's continuous service with the issuer as of each such vesting date.
F6	Represents the vested portion of a performance-based restricted stock unit award based on the issuer's satisfaction of certain performance criteria. In light of the performance-based vesting conditions of the award, such award was not reportable under Section 16 until vesting was determined, which occurred on March 2, 2025.
F7	The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of the restricted stock unit award reported in footnote (6) herein.