AG˹ٷ

STOCK TITAN

[Form 4] Iridium Communications Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Moelis & Company (MC) filed a Form 4 reporting equity awards granted to non-employee director Kenneth Shropshire on 1 July 2025.

  • 1,761 2025 Annual Restricted Stock Units (RSUs) were awarded at a reference price of $62.45 (average closing price for the five trading days ended 30 June 2025). The units vested immediately on the grant date, with share settlement scheduled within 60 days after 1 July 2027.
  • 208 2025 Elective RSUs were awarded on the same date. These RSUs vest in four equal quarterly installments, concluding on 1 July 2026, and are settled within 60 days of each vesting date.
  • Each RSU entitles the holder to receive one share of Class A common stock. Following the transactions, Shropshire beneficially owns the exact number of RSUs granted (1,761 and 208, respectively), reported as direct ownership.

The filing reflects routine director compensation rather than an open-market purchase or sale; therefore, immediate market impact is expected to be neutral.

Moelis & Company (MC) ha presentato un Modulo 4 segnalando premi azionari concessi al direttore non esecutivo Kenneth Shropshire il 1 luglio 2025.

  • Sono state assegnate 1.761 Unità Azionarie Restrittive Annuali (RSU) 2025 a un prezzo di riferimento di 62,45 $ (prezzo medio di chiusura dei cinque giorni di borsa terminati il 30 giugno 2025). Le unità sono maturate immediatamente alla data di assegnazione, con la consegna delle azioni prevista entro 60 giorni dopo il 1 luglio 2027.
  • Lo stesso giorno sono state assegnate 208 RSU Elettive 2025. Queste RSU maturano in quattro rate trimestrali uguali, concludendosi il 1 luglio 2026, e vengono regolate entro 60 giorni da ciascuna data di maturazione.
  • Ogni RSU dà diritto al titolare di ricevere una azione ordinaria di Classe A. Dopo le transazioni, Shropshire detiene effettivamente il numero esatto di RSU assegnate (1.761 e 208 rispettivamente), riportate come proprietà diretta.

La comunicazione riflette la normale compensazione del direttore e non un acquisto o vendita sul mercato aperto; pertanto, si prevede un impatto neutro immediato sul mercato.

Moelis & Company (MC) presentó un Formulario 4 reportando premios de acciones otorgados al director no empleado Kenneth Shropshire el 1 de julio de 2025.

  • Se otorgaron 1,761 Unidades Restringidas de Acciones Anuales (RSU) 2025 a un precio de referencia de $62.45 (precio promedio de cierre de los cinco días hábiles terminados el 30 de junio de 2025). Las unidades se consolidaron inmediatamente en la fecha de concesión, con la liquidación de acciones programada dentro de los 60 días posteriores al 1 de julio de 2027.
  • El mismo día se otorgaron 208 RSU Electivas 2025. Estas RSU se consolidan en cuatro cuotas trimestrales iguales, finalizando el 1 de julio de 2026, y se liquidan dentro de los 60 días posteriores a cada fecha de consolidación.
  • Cada RSU otorga al titular el derecho a recibir una acción común Clase A. Tras las transacciones, Shropshire posee beneficiosamente el número exacto de RSU otorgadas (1,761 y 208, respectivamente), reportadas como propiedad directa.

La presentación refleja una compensación rutinaria para directores y no una compra o venta en mercado abierto; por lo tanto, se espera un impacto neutral inmediato en el mercado.

Moelis & Company(MC)갶 2025� 7� 1� 비임� 이사 Kenneth Shropshire에게 부여된 주식 보상 내역� 보고하는 Form 4� 제출했습니다.

  • 1,761개의 2025� 연간 제한 주식 단위(RSU)갶 기준 가� $62.45(2025� 6� 30� 종료� 5거래� 평균 종가)� 부여되었습니다. � 단위들은 부여일� 즉시 취득되었으며, 주식 정산은 2027� 7� 1� 이후 60� 이내� 예정되어 있습니다.
  • 같은 날짜� 208개의 2025� 선택 RSU� 부여되었습니다. � RSU� 4개의 동일� 분기� 할부� 취득되며, 2026� 7� 1�� 종료되고 � 취득일로부� 60� 이내� 정산됩니�.
  • � RSU� 보유자에� 클래� A 보통� 1주를 받을 권리� 부여합니다. 거래 � Shropshire� 부여받은 정확� RSU �(각각 1,761 � 208)� 직접 소유� 보고합니�.

이번 제출은 공개 시장에서� 매매가 아닌 이사� 정기 보상� 관� 것으�, 즉각적인 시장 영향은 중립적일 것으� 예상됩니�.

Moelis & Company (MC) a déposé un formulaire 4 signalant des attributions d'actions à Kenneth Shropshire, administrateur non salarié, le 1er juillet 2025.

  • 1 761 unités d'actions restreintes annuelles (RSU) 2025 ont été attribuées à un prix de référence de 62,45 $ (prix de clôture moyen des cinq jours de bourse terminés le 30 juin 2025). Ces unités ont été acquises immédiatement à la date d'attribution, avec un règlement des actions prévu dans les 60 jours suivant le 1er juillet 2027.
  • 208 RSU électives 2025 ont également été attribuées à la même date. Ces RSU sont acquises en quatre versements trimestriels égaux, se terminant le 1er juillet 2026, et sont réglées dans les 60 jours suivant chaque date d'acquisition.
  • Chaque RSU donne droit à une action ordinaire de classe A. Après ces opérations, Shropshire détient effectivement le nombre exact de RSU attribuées (1 761 et 208 respectivement), déclarées en tant que propriété directe.

Ce dépôt reflète une rémunération habituelle des administrateurs et non un achat ou une vente sur le marché ouvert ; par conséquent, l'impact immédiat sur le marché est attendu comme neutre.

Moelis & Company (MC) reichte ein Formular 4 ein, in dem Aktienzuteilungen an den nicht geschäftsführenden Direktor Kenneth Shropshire am 1. Juli 2025 gemeldet wurden.

  • 1.761 Annual Restricted Stock Units (RSUs) 2025 wurden zu einem Referenzpreis von 62,45 $ (durchschnittlicher Schlusskurs der fünf Handelstage bis zum 30. Juni 2025) gewährt. Die Einheiten wurden am Zuteilungsdatum sofort fällig, die Aktienauslieferung ist innerhalb von 60 Tagen nach dem 1. Juli 2027 geplant.
  • Am selben Tag wurden 208 Elective RSUs 2025 gewährt. Diese RSUs werden in vier gleichen vierteljährlichen Tranchen fällig, die am 1. Juli 2026 enden, und werden innerhalb von 60 Tagen nach jedem Fälligkeitsdatum ausgeglichen.
  • Jede RSU berechtigt den Inhaber zum Erhalt einer Aktie der Klasse A Stammaktien. Nach den Transaktionen besitzt Shropshire die genau zugeteilte Anzahl an RSUs (1.761 bzw. 208), die als direkter Besitz gemeldet werden.

Die Meldung spiegelt eine routinemäßige Vergütung des Direktors wider und keinen Kauf oder Verkauf am offenen Markt; daher wird ein unmittelbarer neutraler Markteinfluss erwartet.

Positive
  • None.
Negative
  • None.

Insights

TL;DR � Routine equity grant; neutral signal for MC shareholders.

The Form 4 shows standard RSU compensation to an outside director, totaling 1,969 units valued at the grant reference price of $62.45. Because the award is part of Moelis & Co.’s normal director program, involves no cash transaction, and the shares are subject to multi-year settlement schedules, it does not alter the firm’s capital structure or convey new information about operating performance. Insider alignment is marginally positive, but the small size versus MC’s float renders the event not impactful for valuation or liquidity.

Moelis & Company (MC) ha presentato un Modulo 4 segnalando premi azionari concessi al direttore non esecutivo Kenneth Shropshire il 1 luglio 2025.

  • Sono state assegnate 1.761 Unità Azionarie Restrittive Annuali (RSU) 2025 a un prezzo di riferimento di 62,45 $ (prezzo medio di chiusura dei cinque giorni di borsa terminati il 30 giugno 2025). Le unità sono maturate immediatamente alla data di assegnazione, con la consegna delle azioni prevista entro 60 giorni dopo il 1 luglio 2027.
  • Lo stesso giorno sono state assegnate 208 RSU Elettive 2025. Queste RSU maturano in quattro rate trimestrali uguali, concludendosi il 1 luglio 2026, e vengono regolate entro 60 giorni da ciascuna data di maturazione.
  • Ogni RSU dà diritto al titolare di ricevere una azione ordinaria di Classe A. Dopo le transazioni, Shropshire detiene effettivamente il numero esatto di RSU assegnate (1.761 e 208 rispettivamente), riportate come proprietà diretta.

La comunicazione riflette la normale compensazione del direttore e non un acquisto o vendita sul mercato aperto; pertanto, si prevede un impatto neutro immediato sul mercato.

Moelis & Company (MC) presentó un Formulario 4 reportando premios de acciones otorgados al director no empleado Kenneth Shropshire el 1 de julio de 2025.

  • Se otorgaron 1,761 Unidades Restringidas de Acciones Anuales (RSU) 2025 a un precio de referencia de $62.45 (precio promedio de cierre de los cinco días hábiles terminados el 30 de junio de 2025). Las unidades se consolidaron inmediatamente en la fecha de concesión, con la liquidación de acciones programada dentro de los 60 días posteriores al 1 de julio de 2027.
  • El mismo día se otorgaron 208 RSU Electivas 2025. Estas RSU se consolidan en cuatro cuotas trimestrales iguales, finalizando el 1 de julio de 2026, y se liquidan dentro de los 60 días posteriores a cada fecha de consolidación.
  • Cada RSU otorga al titular el derecho a recibir una acción común Clase A. Tras las transacciones, Shropshire posee beneficiosamente el número exacto de RSU otorgadas (1,761 y 208, respectivamente), reportadas como propiedad directa.

La presentación refleja una compensación rutinaria para directores y no una compra o venta en mercado abierto; por lo tanto, se espera un impacto neutral inmediato en el mercado.

Moelis & Company(MC)갶 2025� 7� 1� 비임� 이사 Kenneth Shropshire에게 부여된 주식 보상 내역� 보고하는 Form 4� 제출했습니다.

  • 1,761개의 2025� 연간 제한 주식 단위(RSU)갶 기준 가� $62.45(2025� 6� 30� 종료� 5거래� 평균 종가)� 부여되었습니다. � 단위들은 부여일� 즉시 취득되었으며, 주식 정산은 2027� 7� 1� 이후 60� 이내� 예정되어 있습니다.
  • 같은 날짜� 208개의 2025� 선택 RSU� 부여되었습니다. � RSU� 4개의 동일� 분기� 할부� 취득되며, 2026� 7� 1�� 종료되고 � 취득일로부� 60� 이내� 정산됩니�.
  • � RSU� 보유자에� 클래� A 보통� 1주를 받을 권리� 부여합니다. 거래 � Shropshire� 부여받은 정확� RSU �(각각 1,761 � 208)� 직접 소유� 보고합니�.

이번 제출은 공개 시장에서� 매매가 아닌 이사� 정기 보상� 관� 것으�, 즉각적인 시장 영향은 중립적일 것으� 예상됩니�.

Moelis & Company (MC) a déposé un formulaire 4 signalant des attributions d'actions à Kenneth Shropshire, administrateur non salarié, le 1er juillet 2025.

  • 1 761 unités d'actions restreintes annuelles (RSU) 2025 ont été attribuées à un prix de référence de 62,45 $ (prix de clôture moyen des cinq jours de bourse terminés le 30 juin 2025). Ces unités ont été acquises immédiatement à la date d'attribution, avec un règlement des actions prévu dans les 60 jours suivant le 1er juillet 2027.
  • 208 RSU électives 2025 ont également été attribuées à la même date. Ces RSU sont acquises en quatre versements trimestriels égaux, se terminant le 1er juillet 2026, et sont réglées dans les 60 jours suivant chaque date d'acquisition.
  • Chaque RSU donne droit à une action ordinaire de classe A. Après ces opérations, Shropshire détient effectivement le nombre exact de RSU attribuées (1 761 et 208 respectivement), déclarées en tant que propriété directe.

Ce dépôt reflète une rémunération habituelle des administrateurs et non un achat ou une vente sur le marché ouvert ; par conséquent, l'impact immédiat sur le marché est attendu comme neutre.

Moelis & Company (MC) reichte ein Formular 4 ein, in dem Aktienzuteilungen an den nicht geschäftsführenden Direktor Kenneth Shropshire am 1. Juli 2025 gemeldet wurden.

  • 1.761 Annual Restricted Stock Units (RSUs) 2025 wurden zu einem Referenzpreis von 62,45 $ (durchschnittlicher Schlusskurs der fünf Handelstage bis zum 30. Juni 2025) gewährt. Die Einheiten wurden am Zuteilungsdatum sofort fällig, die Aktienauslieferung ist innerhalb von 60 Tagen nach dem 1. Juli 2027 geplant.
  • Am selben Tag wurden 208 Elective RSUs 2025 gewährt. Diese RSUs werden in vier gleichen vierteljährlichen Tranchen fällig, die am 1. Juli 2026 enden, und werden innerhalb von 60 Tagen nach jedem Fälligkeitsdatum ausgeglichen.
  • Jede RSU berechtigt den Inhaber zum Erhalt einer Aktie der Klasse A Stammaktien. Nach den Transaktionen besitzt Shropshire die genau zugeteilte Anzahl an RSUs (1.761 bzw. 208), die als direkter Besitz gemeldet werden.

Die Meldung spiegelt eine routinemäßige Vergütung des Direktors wider und keinen Kauf oder Verkauf am offenen Markt; daher wird ein unmittelbarer neutraler Markteinfluss erwartet.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shivanandan Monique S.

(Last) (First) (Middle)
C/O IRIDIUM COMMUNICATIONS INC.
1750 TYSONS BOULEVARD, SUITE 1400

(Street)
MCLEAN VA 22102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Iridium Communications Inc. [ IRDM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/01/2025 A 4,903(1) A $0 4,903 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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. The shares shall vest on July 1, 2026, subject to the reporting person's continuous service with the issuer as of such vesting date.
/s/ Patrick McClain, Attorney-in-Fact 07/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Moelis & Company (MC) disclose on Form 4?

Director Kenneth Shropshire received 1,761 Annual RSUs and 208 Elective RSUs on 1 July 2025.

When do the 2025 Annual RSUs for MC vest and settle?

They vested on 1 July 2025 and will settle in shares within 60 days after 1 July 2027.

What is the vesting schedule for the 2025 Elective RSUs granted to the MC director?

Elective RSUs vest in four equal quarterly tranches, ending on 1 July 2026, with settlement within 60 days of each vesting date.

How many shares can the director receive from the RSU grants?

Each RSU converts into one Class A share, totaling 1,969 potential shares (1,761 + 208).

Did the director buy or sell Moelis & Company stock on the open market?

No. The Form 4 reports equity awards, not open-market purchases or sales.
Iridium Comm

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Telecom Services
Communications Equipment, Nec
United States
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