Iridium (IRDM) CFO Vincent O'Neill Sells 1,461 Shares

What Happened

• Vincent O'Neill, Chief Financial Officer of Iridium Communications, had 1,461 shares disposed (withheld) on Sept 1, 2026 to satisfy tax withholding obligations. The shares were valued at $46.98 each, for a total of $68,638. This was a withholding of shares tied to RSU vesting (tax-related), not an open-market sale for cash.

Key Details

• Transaction date and price: 2026-09-01; 1,461 shares at $46.98 each ($68,638 total).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — shares were withheld by the issuer to satisfy the reporting person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units.
• Filing: Form 4 filed on 2026-09-02 (one day after the transaction); no late filing indicated in the provided data.

Context

• This was a tax-withholding disposition (transaction code F), a routine administrative action when RSUs vest. It is not an open-market sale and typically does not signal a change in insider sentiment. Retail investors usually treat such withholdings as standard payroll-tax settlements rather than directional insider trading.