Matthew J. Desch, Chief Executive Officer at Iridium Communications Inc. (IRDM), sold 215,916 shares at $62.82 ($12.6M) on 2023-02-22, disclosed to the SEC on 2023-02-24.
Open-market sale of $12.6M IRDM by Chief Executive Officer. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.00 | 6,300 | $0 | 0.0% |
| 2 | $62.82 | 100,058 | $6.3M | 50.0% |
| 3 | $62.82 | 100,058 | $6.3M | 50.0% |
| 4 | $0.00 | 9,500 | $0 | 0.0% |
| Total | $58.22 avg | 215,916 | $12.6M | 100% |
| Filing → |
| UIS | BUY | 2023-05-10 | $194K | — | Filing → |
| IRDM | SELL | 2023-01-13 | $3.6M | — | Filing → |
| IRDM | SELL | 2023-01-11 | $5.4M | — | Filing → |