Iridium (IRDM) CFO has 2,514 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Iridium Communications Inc. Chief Financial Officer Vincent James O'Neill reported a disposition of 2,514 shares of common stock at $24.01 per share. The filing explains this was a share withholding by the company to cover his tax obligations from the vesting of restricted stock units, rather than an open-market sale. After this tax-withholding transaction, he directly holds 129,864 shares of Iridium common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Neill Vincent James
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,514 | $24.01 | $60K |
Holdings After Transaction:
Common Stock — 129,864 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did IRDM CFO Vincent James O'Neill report?
Iridium Communications CFO Vincent James O'Neill reported a disposition of 2,514 common shares at $24.01 each. The shares were withheld by the company to satisfy his tax obligations related to the vesting and settlement of restricted stock units, not sold in the open market.
What does the F transaction code mean in the IRDM CFO Form 4?
The F code indicates a tax-withholding disposition, where shares are delivered to the issuer to satisfy tax or exercise costs. In this case, 2,514 Iridium Communications shares were withheld by the company to meet Vincent James O'Neill’s tax obligations from restricted stock unit vesting.
On what date did the IRDM CFO’s reported tax-withholding transaction occur?
The tax-withholding disposition occurred on March 9, 2026. On that date, Iridium Communications withheld 2,514 shares of common stock at $24.01 per share to satisfy Chief Financial Officer Vincent James O'Neill’s tax obligations related to restricted stock unit vesting and settlement.