Insider Sale by Olson Eric T (Dir)
Trade Summary
5 days ago, Olson Eric T, serving as Dir at Iridium Communications Inc. (IRDM), sold 8,000 shares at $50.61 per share, for a total transaction value of $404,880.00. Following this transaction, Olson Eric T now holds 149,680 shares of IRDM.
This sale represents a 5.07% decrease in Olson Eric T'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
$50.61
Quantity
8,000
Total Value
$404,880.00
Shares Owned
149,680
Trade Date
5 days ago
SEC Filing Date
at 6:25 PM ET
Filed 2 days after trade
Discussion