A. B. Krongard - Jun 30, 2025 Form 4 Insider Report for Iridium Communications Inc. (IRDM)

Role
Director
Signature
/s/ Patrick McClain, Attorney-in-Fact
Stock symbol
IRDM
Transactions as of
Jun 30, 2025
Transactions value $
$0
Form type
4
Date filed
7/2/2025, 06:10 PM
Previous filing
May 7, 2025
Next filing
Oct 2, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Krongard A B Director C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN /s/ Patrick McClain, Attorney-in-Fact 2025-07-02 0001312913

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRDM Common Stock Award $0 +470 +0.13% $0.00 349K Jun 30, 2025 Direct F1, F2
holding IRDM Common Stock 161K Jun 30, 2025 By Krongard Irrevocable Equity Trust dated June 30, 2009 F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 14, 2025, the Issuer announced that its board of directors declared a quarterly cash dividend in the amount of $0.14 per share of its common stock, payable on June 30, 2025 to stockholders of record of the common stock at the close of business on June 13, 2025 (the "Dividend"). The amount acquired in column 4 represents equivalent rights accrued on restricted stock units with respect to the Issuer's common stock ("Original RSUs") held by the reporting person as a result of the Dividend. Each dividend equivalent right entitles the reporting person to receive one share of the Issuer's common stock upon the settlement of the Original RSUs and is subject to the same terms and conditions, including vesting and settlement, as the Original RSUs to which it relates. The grant of dividend equivalent rights was approved by the Issuer's board of directors pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended.
F2 Reflects the return of 165.1 shares to the Issuer that were cancelled upon the Reporting Person's resignation from the Issuer's Nominating and Corporate Governance Committee.
F3 These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.