DESCH MATTHEW J sold IRDM
December 19, 2025 · Form 4 insider transaction
DESCH MATTHEW J sold 4,551 shares of Iridium Communications Inc. at $17.04 per share, a transaction worth $77.5K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Disposed (sell-side)
Shares
4,551
Price
$17.04
Total value
$77.5K
InsiderDESCH MATTHEW J
RoleOfficer, Director
SecurityCommon Stock
Transaction codeF: Shares withheld for taxes
Transaction dateDecember 19, 2025
Filing dateDecember 23, 2025
Shares owned after1,115,084
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
The reported transaction involved the withholding of shares of stock to pay taxes associated with the reporting person becoming eligible for accelerated vesting upon a qualified retirement under the issuer's "sum of 70" program with respect to certain restricted stock unit awards held by the reporting person.