Matthew J. Desch, Chief Executive Officer at Iridium Communications Inc. (IRDM), sold 144,596 shares at $34.90 ($4.5M) on 2020-12-09, disclosed to the SEC on 2020-12-10.
Seasonal sale ($4.5M) by Chief Executive Officer — this insider has traded IRDM in December in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.00 | 14,330 | $0 | 0.0% |
| 2 | $34.90 | 65,133 | $2.3M | 50.0% |
| 3 | $34.90 | 65,133 | $2.3M | 50.0% |
| Total | $31.44 avg | 144,596 | $4.5M | 100% |
| Filing → |
| UIS | BUY | 2023-05-10 | $194K | — | Filing → |
| IRDM | SELL | 2023-02-24 | $12.6M | — | Filing → |
| IRDM | SELL | 2023-01-13 | $3.6M | — | Filing → |