Insider Sale by Kapalka Timothy (CAO Iridium Satellite LLC)
Trade Summary
5 days ago, Kapalka Timothy, serving as CAO Iridium Satellite LLC at Iridium Communications Inc. (IRDM), sold 13,473 shares at $50.51 per share, for a total transaction value of $680,521.23. Following this transaction, Kapalka Timothy now holds 35,731 shares of IRDM.
This sale represents a 27.38% decrease in Kapalka Timothy'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
$50.51
Quantity
13,473
Total Value
$680,521.23
Shares Owned
35,731
Trade Date
5 days ago
SEC Filing Date
at 6:25 PM ET
Filed 2 days after trade
Discussion