Form 4: Iridium EVP James Reports Routine Stock Tax Withholding

Iridium Communications Inc.'s EVP of Sales & Marketing, Timothy James, reported a routine disposition of 844 common shares for tax withholding purposes.

Summary

• Timothy James, Executive Vice President of Sales & Marketing at Iridium Communications Inc. (IRDM), reported a transaction on December 1, 2025.
• The transaction involved the disposition of 844 shares of Common Stock.
• These shares were withheld by the issuer to satisfy tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units.
• The price per share for the disposition was $16.44.
• Following this transaction, Timothy James beneficially owns 50,185 shares of Common Stock.

Sentiment

Score: 5

Explanation: Neutral. This is a routine, non-discretionary transaction for tax purposes and does not indicate a change in sentiment towards the company or its stock by the insider.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, common across all publicly traded companies, and does not reflect specific industry trends in the satellite communications sector.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes related to executive compensation.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Iridium Communications, IRDM, Timothy James, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock Units, Executive Compensation