Iridium Communications Inc.·4

Mar 11, 5:09 PM ET

Last Timothy James 4

Research Summary

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Updated

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.