Insider Sale by Morgan Kathleen A. (Chief Legal Officer)
Trade Summary
5 days ago, Morgan Kathleen A., serving as Chief Legal Officer at Iridium Communications Inc. (IRDM), sold 33,192 shares at $50.35 per share, for a total transaction value of $1,671,162.72. Following this transaction, Morgan Kathleen A. now holds 124,871 shares of IRDM.
This sale represents a 21.00% decrease in Morgan Kathleen A.'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
$50.35
Quantity
33,192
Total Value
$1,671,162.72
Shares Owned
124,871
Trade Date
5 days ago
SEC Filing Date
at 6:25 PM ET
Filed 2 days after trade
Discussion