Thoma Donald Lee 4

What Happened
Donald Thoma, Executive Vice President at Aireon (an Iridium-related executive), was granted 41,949 restricted stock units (RSUs) as an award on July 10, 2026. The RSUs were recorded at $0.00 acquisition cost on the Form 4 — this is a compensation award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: July 10, 2026; Form 4 filed July 13, 2026 (filed within the typical 2 business-day deadline).
• Shares/units granted: 41,949 restricted stock units; reported acquisition price $0.00.
• Vesting schedule (footnote): 66% of the RSUs vest on July 10, 2027; the remainder vests on December 15, 2027, subject to continued service through each vesting date.
• Ownership after transaction: Not specified in the provided filing excerpt.
• Reporting note: The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest in the awards.

Context

• These RSUs are a form of equity compensation and represent a contingent right to receive one share per unit upon vesting; they do not reflect an immediate cash purchase or sale.
• Awards like this are routine for executive compensation and do not, by themselves, indicate a buy/sell decision in the open market.