YEANEY JACQUELINE E 4

What Happened
Jacqueline Yeaney, a director of Iridium Communications (IRDM), was credited with 29.8 dividend-equivalent shares on 2026-06-30. The filing records the acquisition as 29.8 shares at $0.00 per share (total value $0). This was an award of dividend equivalents tied to existing restricted stock units (RSUs), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-30; Filing date: 2026-07-02 (appears timely).
• Transaction type/code: Award/Acquisition (A).
• Shares acquired: 29.8; Price per share: $0.00; Total recorded value: $0.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: These are dividend-equivalent rights granted in connection with the issuer’s $0.15 per-share cash dividend declared May 20, 2026. Each dividend-equivalent right entitles the holder to one share upon settlement of the original RSUs and is subject to the same vesting/settlement terms as the RSUs. Grant approved under Rule 16b-3.
• No indication of a late filing in this report.

Context
Dividend-equivalent awards are adjustments tied to RSUs that reflect cash dividends but do not involve buying or selling stock. These credits will convert to shares only upon settlement of the underlying RSUs and remain subject to the RSUs’ vesting terms, so they do not represent an independent insider purchase or sale.