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.
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.