Iridium Communications Inc.: director Eric T. Olson received 441.8 shares

What happened Eric T. Olson, director, was granted 441.8 shares on Sep 30, 2026 as an award/acquisition (code A) at $0.00 per share, total value reported $0.00. The filing reports these shares as dividend equivalent rights that accrued on restricted stock units held by the reporting person.

Key details

• Transaction date and price: Sep 30, 2026 — Award (A) of 441.8 shares @ $0.00 per share, $0.00 total.
• Filing date: Oct 2, 2026 (Accession 0001123292-26-001352).
• Shares owned after the transaction: not stated in the filing.
• Footnote: On Aug 10, 2026 the board declared a quarterly cash dividend of $0.15 per share payable Sep 30, 2026 to holders of record Sep 15, 2026. The amount acquired represents dividend equivalent rights accrued on the reporting person's restricted stock units; each dividend equivalent entitles the holder to one share upon settlement and is subject to the same vesting and settlement terms as the original RSUs. The grant was approved by the board pursuant to Rule 16b-3.
• Late filing: the filing does not indicate a late filing.

Why it may matter

• This transaction reflects the grant of dividend equivalent rights tied to restricted stock units, not a market purchase or sale.
• A filing does not show why the insider traded or why the company acted.