Insider Sale by McBride Suzanne E. (Chief Operations Officer)
Trade Summary
5 days ago, McBride Suzanne E., serving as Chief Operations Officer at Iridium Communications Inc. (IRDM), sold 85,454 shares at $50.28 per share, for a total transaction value of $4,296,627.12. Following this transaction, McBride Suzanne E. now holds 282,017 shares of IRDM.
This sale represents a 23.25% decrease in McBride Suzanne E.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, August 17, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, August 19, 2026 at 6:25 PM ET, 2 days after the trade was made.
Iridium Communications Inc. operates in the COMMUNICATION SERVICES sector, specifically within the TELECOM SERVICES industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$50.28
Quantity
85,454
Total Value
$4,296,627.12
Shares Owned
282,017
Trade Date
5 days ago
SEC Filing Date
at 6:25 PM ET
Filed 2 days after trade
Discussion