Iridium Communications Inc.
For the period ended Sep 30, 2026. Filed Oct 20, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 20, 2026
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Item 5. Other Information
Insider trading arrangements and policies
During the three months ended September 30, 2026, none of our directors or officers (as defined in Rule 16a-1(f) under the Exchange Act)adopted orterminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as those terms are defined in Item 408 of Regulation S-K, other than as follows:
| Name | Position | Action | Adoption Date of 10b5-1 Trading Plan | Total Shares of Common Stock to Be Sold (1) | Expiration / Termination Date |
|---|---|---|---|---|---|
| Kathleen Morgan | Chief Legal Officer | Adoption | August 17, 2026 | (2) | October 1, 2027 |
| Eric T. Olson | Director | Adoption | August 17, 2026 | 8,000 | July 1, 2027 |
| Vincent O’Neill | Chief Financial Officer | Adoption | August 17, 2026 | 24,290 | August 17, 2027 |
| Suzanne McBride | Chief Operating Officer | Adoption | August 19, 2026 | (3) | December 16, 2027 |
| L. Anthony Frazier | Director | Adoption | August 20, 2026 | 12,640 | May 20, 2027 |
| Timothy J. Last | EVP, Sales & Marketing | Adoption / Termination | August 25, 2026 | 5,600 | September 3, 2026 (4) |
| Matthew Desch; Matt and Ann Desch Foundation(5) | Chief Executive Officer & Director | Adoption | September 3, 2026 | 546,274 | December 10, 2027 |
| (1) Represents the maximum number of shares of Iridium common stock that may be sold pursuant to the Rule 10b5-1 arrangement (the “arrangement”). The actual number of shares sold will be dependent on the satisfaction of certain conditions as set forth in the written plan. | |||||
| (2) The total actual number of shares that may be sold under the trading arrangement is not currently determinable. In addition to 21,358 shares of common stock, the arrangement covers all shares issuable upon vesting of 61,786 RSUs scheduled to vest during the term of the arrangement, net of shares withheld to satisfy tax withholding obligations. The actual number of shares that may be sold under the arrangement cannot be determined at this time because the number of shares withheld for taxes will depend on applicable withholding rates and the market value of our common stock on the applicable vesting dates. | |||||
| (3) The total actual number of shares that may be sold under the trading arrangement is not currently determinable. The arrangement covers all shares issuable upon vesting of 125,397 RSUs scheduled to vest during the term of the arrangement, net of shares withheld to satisfy tax withholding obligations. The actual number of shares that may be sold under the arrangement cannot be determined at this time because the number of shares withheld for taxes will depend on applicable withholding rates and the market value of our common stock on the applicable vesting dates. | |||||
| (4) Upon adoption, the plan’s expiration date was August 25, 2028, however, the plan was terminated on September 3, 2026. No shares were traded under the plan. | |||||
| (5) Includes 46,274 shares held by the Matt and Ann Desch Foundation, a charitable foundation, over which the reporting person has voting and investment power. | |||||
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