O'Neill Vincent James 4

What Happened Vincent James O'Neill, CFO of Iridium Communications (IRDM), had 2,514 shares withheld on March 9, 2026, at a price of $24.01 per share to satisfy tax withholding obligations tied to the vesting and settlement of restricted stock units. The withholding resulted in a disposition valued at approximately $60,361. This was a tax-withholding event (code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-09; Filing date (Form 4): 2026-03-11 (appears timely).
• Shares withheld/disposed: 2,514 at $24.01 each; total value ≈ $60,361.
• Transaction code: F (tax withholding to satisfy tax liability on RSU settlement).
• Footnote F1: issuer withheld shares to satisfy the reporting person's tax withholding obligations in connection with non-reportable vesting and settlement of restricted stock units.
• Shares owned following the transaction: not specified in the filing.

Context This was a routine tax-withholding action related to RSU vesting (cashless/withholding settlement), which reduces the insider's outstanding shares but is not a market sale that signals directional trading intent. Such withholdings are common when equity awards vest and generally don't imply the insider is otherwise reducing their stake.