Iridium Communications Inc.: director Thomas C. Canfield received 733.7 shares

What happened

• Thomas C. Canfield, a director, received 733.7 shares on Sep 30, 2026. The transaction is recorded as an award/grant (code A) at a price of $0.00, for a total value of $0.

Key details

• Transaction date and price: Sep 30, 2026 — 733.7 shares acquired at $0.00.
• Filing date: Oct 2, 2026.
• Shares owned after the transaction: not specified in the filing; footnote F2 states these shares are owned by a grantor retained annuity trust (GRAT) for which the reporting person is trustee and sole annuitant.
• Footnote F1: the filing says the shares represent dividend equivalent rights accrued on restricted stock units due to a $0.15 per share dividend declared Aug 10, 2026; each dividend equivalent right entitles the holder to one share upon settlement and is subject to the same vesting and settlement terms as the related restricted stock units.

Why it may matter

• The filing reports dividend equivalent rights on restricted stock units, not an open-market purchase or sale.
• This filing does not show why the insider traded or why the company acted.