NIEHAUS ROBERT H 4

4 · Iridium Communications Inc. · Filed Apr 2, 2026

AI-generated summary of this filing

Updated Apr 2, 2026

Iridium (IRDM) Director Robert H. Niehaus Receives Award (742.9 shares)

What Happened

Robert H. Niehaus, a director of Iridium Communications, was credited with 742.9 shares on March 31, 2026 as a grant/award (recorded at $0.00). This represents dividend-equivalent rights tied to restricted stock units (RSUs), not an open-market purchase or sale.

Key Details

Transaction date: March 31, 2026 — 742.9 shares acquired at $0.00 per share (reported acquisition).
Filing date: April 2, 2026 (Form 4 accession 0001123292-26-000536).
Shares owned after transaction: not specified in the filing.
Footnote: These shares are dividend-equivalent rights accrued from a $0.15 per-share cash dividend declared March 5, 2026 and payable March 31, 2026. Each dividend-equivalent right entitles the holder to one share upon RSU settlement and is subject to the same vesting/settlement terms as the original RSUs. The grant was approved under Rule 16b-3.
No cash was exchanged; the grant is recorded as $0.00 (typical for dividend-equivalent accruals).

Context

Dividend-equivalent grants on RSUs simply credit additional units that will convert to shares if and when the underlying RSUs vest/settle; they are not the same as an outright purchase or sale and don't necessarily signal personal trading intent.
Approved under Rule 16b-3, this is a routine corporate action reflecting the company’s dividend policy applied to outstanding equity awards.

Form 4

Period: 2026-03-31

Director

Transactions

Footnotes (1)

[F1]On March 5, 2026, the Issuer's board of directors declared a quarterly cash dividend in the amount of $0.15 per share of its common stock, payable on March 31, 2026 to stockholders of record of the common stock at the close of business on March 16, 2026 (the "Dividend"). The amount acquired in column 4 represents equivalent rights accrued as a result of the Dividend on restricted stock units with respect to the Issuer's common stock ("Original RSUs") held by the reporting person. Each dividend equivalent right entitles the reporting person to receive one share of the Issuer's common stock upon the settlement of the Original RSUs and is subject to the same terms and conditions, including vesting and settlement, as the Original RSUs to which it relates. The grant of dividend equivalent rights was approved by the Issuer's board of directors pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended.

Signature

/s/ Peter L. Trentman, Attorney-in-Fact|2026-04-02

1 file