Form 4: Iridium Communications Inc. Executive Timothy James Last Reports Stock Transaction
SEC Form 4 Filing
EVP of Sales & Marketing at Iridium Communications, Timothy James Last, reports disposition of 70 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On April 1, 2025, Timothy James Last, EVP of Sales & Marketing at Iridium Communications Inc., reported a transaction involving common stock.
- The transaction involved the disposition of 70 shares to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The price per share was $27.32.
- Following the transaction, Last directly owns 53,498 shares of Iridium Communications Inc.
Sentiment
Score: 5
Explanation: This is a neutral filing related to a routine stock transaction for tax purposes. It doesn't indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock transaction (disposition of shares) |
| 04/02/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Iridium Communications Inc., Timothy James Last, Stock Transaction, Executive Compensation, Insider Trading, IRDM, Tax Withholding, Restricted Stock Units
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.