Form 4: Iridium Communications Director Sells Shares
Insider Transaction (Form 4)
Thomas Fitzpatrick, a Director of Iridium Communications Inc., sold 224,279 shares of common stock on August 17, 2026.
Summary
- Open-market sale: disposed of 209,233 Common Stock at $50.22 ($10,507,681) on August 17, 2026; holds 58,306 after (Direct).
- Open-market sale: disposed of 15,046 Common Stock at $49.20 ($740,263) on August 18, 2026; holds 43,260 after (Direct).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $11,247,944 of stock on the open market.
Insider Transactions
Thomas Fitzpatrick — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-17 | Open-market sale | Common Stock | 209,233 | $50 | $10.5M | 58,305.6 |
| 2026-08-18 | Open-market sale | Common Stock | 15,046 | $49 | $740.3K | 43,259.6 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-17 | Open-market sale (209,233 shares) |
| 2026-08-18 | Open-market sale (15,046 shares) |
Keywords
insider transaction, Form 4, IRDM, Iridium Communications Inc., bearish, Thomas Fitzpatrick
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