Trade Summary
2 months ago, Desch Matthew J, serving as CEO at Iridium Communications Inc. (IRDM), purchased 20,000 shares at $17.33 per share, for a total transaction value of $346,600.00. Following this transaction, Desch Matthew J now holds 1,127,019 shares of IRDM.
This purchase represents a 2.00% increase in Desch Matthew J's stake in the company. This is considered a medium-conviction trade.
The trade was executed on Thursday, October 30, 2025 and publicly disclosed via SEC Form 4 filing on Monday, November 3, 2025, 4 days after the trade was made.
Iridium Communications Inc. operates in the COMMUNICATION SERVICES sector, specifically within the TELECOM SERVICES industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.