THOMAS FITZPATRICK - 30 Jun 2025 Form 4 Insider Report for Iridium Communications Inc. (IRDM)

Role: Director
Signature: /s/ Patrick McClain, Attorney-in-Fact
Issuer symbol: IRDM
Transactions as of: 30 Jun 2025
Net transactions value: -$1,056,701
Form type: 4
Filing time: 02 Jul 2025, 18:10:22 UTC
Previous filing: 02 Apr 2025
Next filing: 02 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
FITZPATRICK THOMAS	Director	C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN	/s/ Patrick McClain, Attorney-in-Fact	02 Jul 2025	0001229996

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IRDM	Common Stock	Award	$0	+31	+0.01%	$0.000000	296,488	30 Jun 2025	Direct	F1
transaction	IRDM	Common Stock	Tax liability	$1,056,701	-34,544	-12%	$30.59	261,944	01 Jul 2025	Direct	F2

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

Explanation of Responses:

Id	Content
F1	On May 14, 2025, the Issuer announced that its board of directors declared a quarterly cash dividend in the amount of $0.14 per share of its common stock, payable on June 30, 2025 to stockholders of record of the common stock at the close of business on June 13, 2025 (the "Dividend"). The amount acquired in column 4 represents equivalent rights accrued on restricted stock units with respect to the Issuer's common stock ("Original RSUs") held by the reporting person as a result of the Dividend. Each dividend equivalent right entitles the reporting person to receive one share of the Issuer's common stock upon the settlement of the Original RSUs and is subject to the same terms and conditions, including vesting and settlement, as the Original RSUs to which it relates. The grant of dividend equivalent rights was approved by the Issuer's board of directors pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended.
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 restricted stock units.

Content

On May 14, 2025, the Issuer announced that its board of directors declared a quarterly cash dividend in the amount of $0.14 per share of its common stock, payable on June 30, 2025 to stockholders of record of the common stock at the close of business on June 13, 2025 (the "Dividend"). The amount acquired in column 4 represents equivalent rights accrued on restricted stock units with respect to the Issuer's common stock ("Original RSUs") held by the reporting person as a result of the Dividend. Each dividend equivalent right entitles the reporting person to receive one share of the Issuer's common stock upon the settlement of the Original RSUs and is subject to the same terms and conditions, including vesting and settlement, as the Original RSUs to which it relates. The grant of dividend equivalent rights was approved by the Issuer's board of directors pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended.

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.