Matthew J. Desch, Chief Executive Officer at Iridium Communications Inc. (IRDM), sold 151,420 shares at $34.90 ($5.2M) on 2020-12-07, disclosed to the SEC on 2020-12-07.
Seasonal sale ($5.2M) 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 | $34.41 | 10,865 | $374K | 7.1% |
| 2 | $34.41 | 10,865 | $374K | 7.1% |
| 3 | $34.64 | 46,247 | $1.6M | 30.5% |
| 4 | $34.64 | 46,247 | $1.6M | 30.5% |
| 5 | $34.90 | 18,598 | $649K | 12.4% |
| 6 | $34.90 | 18,598 |
| $649K |
| 12.4% |
| Total | $34.67 avg | 151,420 | $5.2M | 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 → |