Insider Sale by FITZPATRICK THOMAS (Dir)
Trade Summary
5 days ago, FITZPATRICK THOMAS, serving as Dir at Iridium Communications Inc. (IRDM), sold 224,279 shares at $50.15 per share, for a total transaction value of $11,247,944.46. Following this transaction, FITZPATRICK THOMAS now holds 43,260 shares of IRDM.
This sale represents a 83.83% decrease in FITZPATRICK THOMAS'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 6:26 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
$50.15
Quantity
224,279
Total Value
$11,247,944.46
Shares Owned
43,260
Trade Date
5 days ago
SEC Filing Date
at 6:26 PM ET
Filed 2 days after trade
Discussion