Trade Summary
2 months ago, Niehaus Robert H, serving as Dir at Iridium Communications Inc. (IRDM), purchased 30,000 shares at $17.49 per share, for a total transaction value of $524,700.00. Following this transaction, Niehaus Robert H now holds 297,363 shares of IRDM.
This purchase represents a 11.00% increase in Niehaus Robert H's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, October 28, 2025 and publicly disclosed via SEC Form 4 filing on Wednesday, October 29, 2025, 1 day 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.