Iridium Communications Inc.: director Thomas Fitzpatrick received 55.7 shares

What happened

• Thomas Fitzpatrick, a director, received 55.7 shares as a grant/award (dividend equivalent rights) on Sep 30, 2026. The filing shows an acquisition price of $0.00 per share, total $0.

Key details

• Transaction date and price: Sep 30, 2026 — grant/award (code A) of 55.7 shares at $0.00 per share (total $0).
• Shares owned after the transaction: not stated in the provided 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 at the close of business on Sep 15, 2026. The amount acquired represents dividend equivalent rights accrued as a result of that dividend on restricted stock units ("Original RSUs") held by the reporting person. Each dividend equivalent right entitles the holder to receive one share upon settlement of the Original RSUs and is subject to the same terms and conditions, including vesting and settlement, as the Original RSUs. The grant was approved by the board pursuant to Rule 16b-3.
• Filing date: Oct 02, 2026. The filing does not indicate it was late.

Why it may matter

• This was a grant of dividend equivalent rights tied to existing restricted stock units and is not a market trade. A filing does not show why the insider traded or why the company acted.