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IRDMIridium Communications Inc. · Insider ownership research

Iridium Communications Inc. insiders sold $20.4M in the past 12 months. How much of their stake is that?

1% was sold under disclosed trading plans, 99% with no plan disclosed. The largest seller, Thomas Fitzpatrick (Director), sold $11.8M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 16, 2026 from SEC filings · covers Oct 17, 2025 to Oct 16, 2026
2
buyers among officers and directors (2 trades), past 12 months
0.9%
of sales were under disclosed trading plans, past 12 months
6 of 18
officers and directors sold shares, past 12 months
Is this normal? In line with the past 5 years. 6 insiders sold; the average is 8 a year. Year by year
Latest filing: Filed Oct 2 for a stock award on Sep 30. Robert Niehaus received an award of 56 shares. Filing
SEC ownership filings: 100 filed in the 12 months to Oct 16, 2026; 1,438 on record since Feb 14, 2008 · See the evidence

What stands out

Four insiders sold $19.1M with no disclosed plan: Thomas Fitzpatrick ($11.8M), Suzanne McBride ($4.3M) and Kathleen Morgan ($1.7M), plus 1 more. The filings don't state a reason.Thomas Fitzpatrick: largest such sale, Aug 17, 2026 · Suzanne McBride: largest such sale, Aug 17, 2026 · Kathleen Morgan: largest such sale, Aug 17, 2026
Two insiders bought shares: Robert Niehaus (30K shares, $525K) and Matthew Desch (20K shares, $347K).Robert Niehaus: purchase, Oct 28, 2025 · Matthew Desch: purchase, Oct 30, 2025
Selling picked up in the last 90 days: officers and directors sold 392K shares, against an average of 12K per 90 days earlier in the period. Most of it was Thomas Fitzpatrick (224K shares in the last 90 days) and Suzanne McBride (85K shares in the last 90 days); 0% of these sales were under disclosed plans.Thomas Fitzpatrick: largest recent sale, Aug 17, 2026 · Suzanne McBride: largest recent sale, Aug 17, 2026

A share of stake is shown for 0 of the 6 officers and directors who sold. 18 are left out

i
Left out: Matthew Desch, Krongard A B, Robert Niehaus, Thomas Fitzpatrick, Thomas Canfield, Suzanne McBride, Scott Scheimreif, Eric Olson, Kathleen Morgan, Timothy Last, Vincent O'Neill, Timothy Kapalka, Leon Frazier, Kay Sears, Jacqueline Yeaney, Donald Thoma, Monique Shivanandan and Louis Alterman (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Thomas Fitzpatrick
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$11.8MNo plan disclosed
Suzanne McBride
Chief Operations Officer, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$4.3MNo plan disclosed
Kathleen Morgan
Chief Legal Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.7MNo plan disclosed
Timothy Last
EVP, Sales & Marketing
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.3MNo plan disclosed
Timothy Kapalka
CAO Iridium Satellite LLC
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$865K21% planned 79% no plan disclosed
All 6 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planNo plan disclosedOne dollar scale for every month; the tallest bar is labeled
Oct 2025: $557K no plan disclosedOctNovDecJanFebMarApr 2026: $185K under a disclosed planAprMayJunJulAug 2026: $19.3M no plan disclosed$19.3MAugSep 2026: $363K no plan disclosedSepOct

Recent activity

Past 30 days, Sep 17, 2026 to Oct 16, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Sep 15, 2026Timothy Last sold 5.8K shares ($267K) with no plan disclosed.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Timothy Last
EVP, Sales & Marketing
5,769$46.35n/an/aSep 15, 2026Sep 16, 2026

Common questions

Is the Iridium Communications Inc. CEO selling stock?

No. Matthew Desch reported no open-market sales in the past 12 months.

Why are Iridium Communications Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 1% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 99% had no disclosed plan. A trading plan schedules sales in advance.

Are any Iridium Communications Inc. insiders buying?

Yes. 2 officers or directors reported 2 purchases in the past 12 months (Form 4 code P; rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust are not counted).

The evidence

Who sold6 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Thomas Fitzpatrick
Director
$11.8M
255K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Suzanne McBride
Chief Operations Officer, Director
$4.3M
85K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Kathleen Morgan
Chief Legal Officer
$1.7M
33K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Timothy Last
EVP, Sales & Marketing
$1.3M
27K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Timothy Kapalka
CAO Iridium Satellite LLC
$865K
19K shares
Not confirmed
share of stake is being verified. Why
21% under a disclosed plan 79% no plan disclosed
Eric Olson
Director
$405K
8K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
The full ownership picture0 of 18 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 16, 2025SoldHeld Oct 16, 2026Still held
Matthew Desch
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Matthew Desch are complete.
Chief Executive Officer, Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Matthew Desch

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Matthew Desch are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−93Kwithheld by the company for taxes
Krongard A B
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Krongard A B are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Krongard A B

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Krongard A B are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Robert Niehaus
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Robert Niehaus are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Robert Niehaus

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Robert Niehaus are complete; balances and unit counts will be added when the check is finished.

−50Kgifted (net of own trusts)
Thomas Fitzpatrick
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Thomas Fitzpatrick are complete.
Director
n/a−255Kn/an/a
Vesting, gifts, unvested awards and holding lines for Thomas Fitzpatrick

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Thomas Fitzpatrick are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−8.8Kwithheld by the company for taxes
Thomas Canfield
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Thomas Canfield are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Thomas Canfield

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Thomas Canfield are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Suzanne McBride
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Suzanne McBride are complete.
Chief Operations Officer, Director
n/a−85Kn/an/a
Vesting, gifts, unvested awards and holding lines for Suzanne McBride

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Suzanne McBride are complete; balances and unit counts will be added when the check is finished.

−17Kgifted (net of own trusts)
−34Kwithheld by the company for taxes
Scott Scheimreif
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Scott Scheimreif are complete.
EVP-Government Programs
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Scott Scheimreif

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Scott Scheimreif are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−22Kwithheld by the company for taxes
Eric Olson
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Eric Olson are complete.
Director
n/a−8Kn/an/a
Vesting, gifts, unvested awards and holding lines for Eric Olson

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Eric Olson are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Kathleen Morgan
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Kathleen Morgan are complete.
Chief Legal Officer
n/a−33Kn/an/a
Vesting, gifts, unvested awards and holding lines for Kathleen Morgan

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Kathleen Morgan are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−20Kwithheld by the company for taxes
Timothy Last
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Timothy Last are complete.
EVP, Sales & Marketing
n/a−27Kn/an/a
Vesting, gifts, unvested awards and holding lines for Timothy Last

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Timothy Last are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−11Kwithheld by the company for taxes
Vincent O'Neill
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Vincent O'Neill are complete.
Chief Financial Officer
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Vincent O'Neill

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Vincent O'Neill are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−11Kwithheld by the company for taxes
Timothy Kapalka
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Timothy Kapalka are complete.
CAO Iridium Satellite LLC
n/a−19Kn/an/a
Vesting, gifts, unvested awards and holding lines for Timothy Kapalka

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Timothy Kapalka are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−4.8Kwithheld by the company for taxes
Leon Frazier
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Leon Frazier are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Leon Frazier

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Leon Frazier are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Kay Sears
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Kay Sears are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Kay Sears

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Kay Sears are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Jacqueline Yeaney
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jacqueline Yeaney are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Jacqueline Yeaney

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jacqueline Yeaney are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Donald Thoma
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Donald Thoma are complete.
EVP, Aireon
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Donald Thoma

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Donald Thoma are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Monique Shivanandan
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Monique Shivanandan are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Monique Shivanandan

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Monique Shivanandan are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Louis Alterman
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Louis Alterman are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Louis Alterman

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Louis Alterman are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for Iridium Communications Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$20.4M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $20.4M across 428,501 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($20.2M), including tax-related sales outside a plan.

No plan disclosed · $20.2M

Sales with no 10b5-1 plan and no tax reference in the filing. $11.8M of it is Thomas Fitzpatrick. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Thomas Fitzpatrick, Aug 17, 2026

Taxes

205,208 shares ($5.6M) were withheld by the company for taxes, which isn't a market sale.

Purchases · 2 buyers (2 trades)

2 officers and directors bought shares in this period, in 2 trades(Form 4 code P, leaving out rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust). Across all their filings on record there are 41 purchase trades.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Thomas Fitzpatrick
Director
255K$11.8M0%58%Oct 27, 2025 to Aug 18, 2026
Suzanne McBride
Chief Operations Officer, Director
85K$4.3M0%21%Aug 17, 2026 to Aug 17, 2026
Kathleen Morgan
Chief Legal Officer
33K$1.7M0%8%Aug 17, 2026 to Aug 17, 2026
Timothy Last
EVP, Sales & Marketing
27K$1.3M0%7%Aug 17, 2026 to Sep 15, 2026
Timothy Kapalka
CAO Iridium Satellite LLC
19K$865K21%4%Apr 2, 2026 to Aug 17, 2026
Eric Olson
Director
8K$405K0%2%Aug 17, 2026 to Aug 17, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$557K$0$0$557K
Nov 2025$0$0$0$0
Dec 2025$0$0$0$0
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$0$0$0$0
Apr 2026$185K$185K$0$0
May 2026$0$0$0$0
Jun 2026$0$0$0$0
Jul 2026$0$0$0$0
Aug 2026$19.3M$0$0$19.3M
Sep 2026$363K$0$0$363K
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

In line with the past 5 years. 6 insiders sold; the average is 8 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 16, 2026
Latest 12 months
429K6$20.4M
Oct 16, 2025
1 year earlier
77K7$2.3M
Oct 16, 2024
2 years earlier
3.8K1$108K
Oct 17, 2023
3 years earlier
731K12$43.1M
Oct 17, 2022
4 years earlier
276K9$12.5M
Oct 17, 2021
5 years earlier
1.11M9$43.7M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty18 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Iridium Communications Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,438 filings on record, 100 filed in the 12-month period, and how we read them

All 1,438 Forms 3, 4 and 5 on record for Iridium Communications Inc. (SEC CIK 1418819), filed from Feb 14, 2008 to Oct 2, 2026; 100 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 16, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (26)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Bryan HartinDec 23, 202494,928 shares, last reported balance as of Dec 19, 2024
Jane HarmanApr 2, 202460,818 shares, last reported balance as of Mar 29, 2024
Parker RushJan 3, 2024168,812 shares, last reported balance as of Dec 29, 2023
Barry WestApr 3, 202352,547 shares, last reported balance as of Mar 30, 2023
Henrik SchliemannApr 3, 202351,285 shares, last reported balance as of Mar 30, 2023
Steven PfeifferMar 9, 2022111,487 shares, last reported balance as of Mar 8, 2022
Thomas HickeyDec 3, 2021146,286 shares, last reported balance as of Dec 1, 2021
Baralonco LtdAug 25, 202113,099,230 shares, last reported balance as of Aug 24, 2021
Scott SmithMar 5, 2019235,445 shares, last reported balance as of Mar 4, 2019
Richard NyrenJun 5, 201769,575 shares, last reported balance as of Jun 1, 2017
Peter DawkinsJan 8, 201573,022 shares, last reported balance as of Jan 6, 2015
Darrel BarrosJan 8, 201462,524 shares, last reported balance as of Jan 6, 2014
John RoddyJun 5, 201310,881 shares, last reported balance as of Jun 3, 2013
GREENHILL & CO INCMay 9, 20133,809,016 shares, last reported balance as of May 9, 2013
Scott BokJan 8, 20131,206,790 shares, last reported balance as of Jan 4, 2013
Gregory EwertMar 5, 2012290,092 shares, last reported balance as of Mar 1, 2012
John CampbellMar 5, 201234,985 shares, last reported balance as of Mar 1, 2012
Terry JonesJan 9, 2012585,373 shares, last reported balance as of Jan 5, 2012
Terry JonesJan 9, 20124,030,855 shares, last reported balance as of Jan 5, 2011
Cynthia CannFeb 22, 2011No balance on record
John BrunetteNov 20, 2009No balance on record
Eric MorrisonNov 20, 2009280,218 shares, last reported balance as of Sep 29, 2009
Lee DemitryNov 20, 2009No balance on record
Harold Rodriguez Jr.Apr 1, 200815,000 shares, last reported balance as of Mar 14, 2008
Kevin ClarkeMar 31, 200843,479 shares, last reported balance as of Mar 27, 2008
John LiuMar 13, 200832,500 shares, last reported balance as of Feb 21, 2008

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.