YEANEY JACQUELINE E 4

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

AI-generated summary of this filing

Updated Apr 2, 2026

Iridium Director Jacqueline Yeaney Receives Dividend-Equivalent Award

What Happened

Jacqueline E. Yeaney, a director of Iridium Communications, was credited with 58.5 dividend-equivalent rights tied to her restricted stock units (RSUs) on March 31, 2026. The filing reports these as 58.5 shares acquired at $0.00 (transaction code A — award/grant). The grant was approved under Rule 16b-3 and represents dividend equivalents, not a cash purchase or open-market trade.

Key Details

Transaction date: March 31, 2026.
Transaction type/code: Award / A (dividend-equivalent rights on RSUs).
Shares acquired: 58.5; Price reported: $0.00; Total cash value in filing: $0.
Shares owned after transaction: Not disclosed in this filing.
Footnote: Board declared a $0.15 per-share quarterly cash dividend payable March 31, 2026; dividend equivalents were credited on existing RSUs and will convert to shares upon RSU settlement subject to the same vesting terms.
Filing date: April 2, 2026 — appears to be filed promptly (Form 4 typically due within two business days of the transaction).

Context

These are dividend-equivalent rights that mirror the quarterly cash dividend on the underlying RSUs. They will result in shares only when the related RSUs vest/settle and are subject to the same terms and restrictions as the original RSUs. This is a corporate compensation/dividend accounting event rather than a purchase or sale of stock by the director and does not by itself signal buying or selling intent.

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