Matthew J. Desch, Chief Executive Officer at Iridium Communications Inc. (IRDM), sold 98,294 shares at $33.04 ($3.2M) on 2020-12-01, disclosed to the SEC on 2020-12-03.
Seasonal sale ($3.2M) 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 | $33.04 | 46,956 | $1.6M | 47.8% |
| 2 | $33.04 | 46,956 | $1.6M | 47.8% |
| 3 | $33.14 | 4,382 | $145K | 4.5% |
| Total | $33.04 avg | 98,294 | $3.2M | 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 → |