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[Form 4] Iridium Communications Inc. Insider Trading Activity

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

Iridium Communications insider Scott Scheimreif reported a routine Form 4 disclosure showing a non-derivative disposition of 1,766 shares of Iridium common stock on 09/01/2025 at an average price of $24.89 per share. The filing states the shares were withheld by the issuer to satisfy the reporting person’s tax withholding obligations related to the vesting and settlement of restricted stock units, not an open-market sale. After the withholding, Scheimreif beneficially owns 187,435 shares, held directly. The filing was signed by an attorney-in-fact on 09/02/2025.

Scott Scheimreif, dirigente di Iridium Communications, ha presentato una dichiarazione di routine sul Modulo 4 che riporta una cessione non derivativa di 1.766 azioni ordinarie Iridium il 01/09/2025 a un prezzo medio di $24,89 per azione. Nel documento si precisa che le azioni sono state trattenute dall’emittente per soddisfare gli obblighi fiscali del dichiarante relativi alla vesting e alla liquidazione di restricted stock units, e non si tratta di una vendita sul mercato aperto. Dopo la ritenuta, Scheimreif detiene beneficiariamente 187.435 azioni, possedute direttamente. Il documento è stato firmato da un procuratore il 02/09/2025.

El directivo de Iridium Communications, Scott Scheimreif, informó mediante un Formulario 4 de rutina una disposición no derivativa de 1.766 acciones ordinarias de Iridium el 01/09/2025 a un precio medio de $24.89 por acción. La presentación indica que las acciones fueron retenidas por el emisor para cubrir las obligaciones fiscales del declarante relacionadas con la consolidación y liquidación de unidades restringidas, y no se trata de una venta en el mercado abierto. Tras la retención, Scheimreif posee beneficiariamente 187.435 acciones, en propiedad directa. El documento fue firmado por un apoderado el 02/09/2025.

Iridium Communications� 임원 스콧 셰임레이�(Scott Scheimreif)� 정기적인 Form 4 보고서에� 2025� 9� 1�� Iridium 보통� 1,766�� 주당 평균 $24.89� 비파�(disposition) 방식으로 처분했다� 보고했습니다. 제출서류에는 해당 주식� 공개시장 매각� 아니� 제한�(RSU)� 확정 � 정산� 관련된 신고인의 세금 원천징수 의무� 충족하기 위해 발행인이 원천징수� 것이라고 명시되어 있습니다. 원천징수 � 셰임레이프는 직접 보유 형태� 187,435�� 실질적으� 보유하고 있습니다. 해당 서류� 2025� 9� 2�� 대리인(변호사대리인)� 서명했습니다.

Scott Scheimreif, cadre d’Iridium Communications, a déclaré via un Formulaire 4 habituel une cession non dérivée de 1 766 actions ordinaires Iridium le 01/09/2025 au prix moyen de $24.89 par action. Le dépôt précise que les actions ont été retenues par l’émetteur pour satisfaire aux obligations fiscales du déclarant liées à la vesting et au règlement d’unités d’actions restreintes, et qu’il ne s’agit pas d’une vente sur le marché ouvert. Après cette retenue, Scheimreif détient à titre bénéficiaire 187 435 actions, détenues directement. Le document a été signé par un mandataire le 02/09/2025.

Iridium Communications-Insider Scott Scheimreif meldete eine routinemäßige Form-4-Offenlegung über eine nicht-derivative Veräußerung von 1.766 Aktien der Iridium-Stammaktien am 01.09.2025 zu einem Durchschnittspreis von $24,89 je Aktie. In der Meldung heißt es, die Aktien seien vom Emittenten einbehalten worden, um die steuerlichen Abzugsverpflichtungen der meldenden Person im Zusammenhang mit dem Vesting und der Abwicklung von Restricted Stock Units zu erfüllen, und nicht aufgrund eines Verkaufs am offenen Markt. Nach dem Einbehalt besitzt Scheimreif wirtschaftlich 187.435 Aktien, die direkt gehalten werden. Die Einreichung wurde am 02.09.2025 von einem bevollmächtigten Vertreter unterzeichnet.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine tax-withholding disposition tied to RSU settlement; not an active divestiture signal.

The Form 4 discloses a typical withholding of vested restricted stock units to satisfy tax obligations, which is a standard administrative action and not a discretionary sale by the officer. The remaining direct beneficial ownership of 187,435 shares preserves alignment with shareholders. No new compensation arrangements, grants, or unusual transfer mechanisms are described, and the filing identifies the reporting person as EVP-Government Programs, confirming insider status.

TL;DR: Small, non-market disposal; minimal impact on shareholder base or control.

The disposition of 1,766 shares at $24.89 reflects share withholding for taxes following RSU vesting. This reduces the reporting person's direct holdings modestly to 187,435 shares. Because the transaction was administrative and the quantity is small relative to typical institutional stakes, it is unlikely to affect market perceptions or materially alter insider ownership percentages.

Scott Scheimreif, dirigente di Iridium Communications, ha presentato una dichiarazione di routine sul Modulo 4 che riporta una cessione non derivativa di 1.766 azioni ordinarie Iridium il 01/09/2025 a un prezzo medio di $24,89 per azione. Nel documento si precisa che le azioni sono state trattenute dall’emittente per soddisfare gli obblighi fiscali del dichiarante relativi alla vesting e alla liquidazione di restricted stock units, e non si tratta di una vendita sul mercato aperto. Dopo la ritenuta, Scheimreif detiene beneficiariamente 187.435 azioni, possedute direttamente. Il documento è stato firmato da un procuratore il 02/09/2025.

El directivo de Iridium Communications, Scott Scheimreif, informó mediante un Formulario 4 de rutina una disposición no derivativa de 1.766 acciones ordinarias de Iridium el 01/09/2025 a un precio medio de $24.89 por acción. La presentación indica que las acciones fueron retenidas por el emisor para cubrir las obligaciones fiscales del declarante relacionadas con la consolidación y liquidación de unidades restringidas, y no se trata de una venta en el mercado abierto. Tras la retención, Scheimreif posee beneficiariamente 187.435 acciones, en propiedad directa. El documento fue firmado por un apoderado el 02/09/2025.

Iridium Communications� 임원 스콧 셰임레이�(Scott Scheimreif)� 정기적인 Form 4 보고서에� 2025� 9� 1�� Iridium 보통� 1,766�� 주당 평균 $24.89� 비파�(disposition) 방식으로 처분했다� 보고했습니다. 제출서류에는 해당 주식� 공개시장 매각� 아니� 제한�(RSU)� 확정 � 정산� 관련된 신고인의 세금 원천징수 의무� 충족하기 위해 발행인이 원천징수� 것이라고 명시되어 있습니다. 원천징수 � 셰임레이프는 직접 보유 형태� 187,435�� 실질적으� 보유하고 있습니다. 해당 서류� 2025� 9� 2�� 대리인(변호사대리인)� 서명했습니다.

Scott Scheimreif, cadre d’Iridium Communications, a déclaré via un Formulaire 4 habituel une cession non dérivée de 1 766 actions ordinaires Iridium le 01/09/2025 au prix moyen de $24.89 par action. Le dépôt précise que les actions ont été retenues par l’émetteur pour satisfaire aux obligations fiscales du déclarant liées à la vesting et au règlement d’unités d’actions restreintes, et qu’il ne s’agit pas d’une vente sur le marché ouvert. Après cette retenue, Scheimreif détient à titre bénéficiaire 187 435 actions, détenues directement. Le document a été signé par un mandataire le 02/09/2025.

Iridium Communications-Insider Scott Scheimreif meldete eine routinemäßige Form-4-Offenlegung über eine nicht-derivative Veräußerung von 1.766 Aktien der Iridium-Stammaktien am 01.09.2025 zu einem Durchschnittspreis von $24,89 je Aktie. In der Meldung heißt es, die Aktien seien vom Emittenten einbehalten worden, um die steuerlichen Abzugsverpflichtungen der meldenden Person im Zusammenhang mit dem Vesting und der Abwicklung von Restricted Stock Units zu erfüllen, und nicht aufgrund eines Verkaufs am offenen Markt. Nach dem Einbehalt besitzt Scheimreif wirtschaftlich 187.435 Aktien, die direkt gehalten werden. Die Einreichung wurde am 02.09.2025 von einem bevollmächtigten Vertreter unterzeichnet.

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*
Scheimreif Scott

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP-GOVERNMENT PROGRAMS
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025
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 09/01/2025 F(1) 1,766 D $24.89 187,435 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. 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.
/s/ Patrick McClain, Attorney-in-Fact 09/02/2025
** 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 did the Form 4 filed for IRDM on 09/02/2025 report?

It reported a disposition of 1,766 shares on 09/01/2025 at $24.89 per share, withheld to satisfy tax withholding from RSU vesting.

Who is the reporting person on this Form 4 for IRDM?

The reporting person is Scott Scheimreif, identified as EVP-Government Programs and an officer of Iridium Communications.

How many shares does the reporting person own after the transaction?

After the reported withholding, the reporting person beneficially owns 187,435 shares (direct ownership).

Was this transaction an open-market sale or part of a Rule 10b5-1 plan?

The filing explains the shares were withheld by the issuer to satisfy tax obligations from RSU settlement; it does not indicate an open-market sale or a 10b5-1 plan.

Who signed the Form 4 and when?

The form was signed by Patrick McClain, Attorney-in-Fact on 09/02/2025 on behalf of the reporting person.
Iridium Comm

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2.61B
92.71M
12.53%
94.9%
7.58%
Telecom Services
Communications Equipment, Nec
United States
MCLEAN