Last Timothy James 4
4 · Iridium Communications Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Iridium (IRDM) EVP Timothy James Withholds 2,335 Shares for Taxes
What Happened
- Timothy James, EVP Sales & Marketing at Iridium Communications, had 2,335 shares withheld by the company to satisfy tax withholding related to the vesting and settlement of restricted stock units. The withholding was recorded at $24.01 per share for a total value of $56,063.
Key Details
- Transaction date: 2026-03-09
- Price per share: $24.01; total value about $56,063
- Transaction type/code: F — shares withheld to cover tax withholding (not an open-market sale)
- Footnote: F1 — withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with non-reportable vesting and settlement of RSUs
- Filing date: 2026-03-11 for the 3/9 transaction — appears to be timely
- Shares owned after transaction: not specified in the provided filing excerpt
Context
- This was a tax-withholding share retention tied to RSU vesting, a routine administrative action; it does not represent an open-market sale or purchase and should not be interpreted as a market sentiment signal on its own.
Insider Transaction Report
Form 4
Last Timothy James
EVP, Sales & Marketing
Transactions
- Tax Payment
Common Stock
[F1]2026-03-09$24.01/sh−2,335$56,063→ 114,432 total
Footnotes (1)
- [F1]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.
Signature
/s/ Peter L. Trentman, Attorney-in-Fact|2026-03-11