Form 4: Iridium Communications CEO Reports Stock Transaction
Insider Transaction (Form 4)
Matthew J Desch, Chief Executive Officer and a Director of Iridium Communications Inc., reported a transaction in 9,583 shares of common stock on September 1, 2026.
Summary
- Tax/exercise-price withholding: disposed of 9,583 Common Stock at $46.98 ($450,209) on September 1, 2026; holds 1,441,434 after (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
Matthew J Desch — Director, Officer (Chief Executive Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-01 | Tax/exercise-price withholding | Common Stock | 9,583 | $47 | $450.2K | 1,441,434 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-01 | Tax/exercise-price withholding (9,583 shares) |
Keywords
insider transaction, Form 4, IRDM, Iridium Communications Inc., neutral, Matthew J Desch
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