Matthew J. Desch, CEO of Iridium Communications Inc. (IRM), purchased 20,000 shares on October 30, 2025, for a total of $346,600 at a price of $17.33 per share. As of the latest trading session, shares were available at $16.70, marking a 3.6% discount from Desch’s purchase price. The shares of Iridium Communications are currently down 4.66% for the day, and the company has a 52-week range of $15.645 to $34.45.
In addition to Desch, Director Robert H. Niehaus acquired 30,000 shares for $17.49 each on October 28, 2025, totaling $524,700. The annualized dividend for Iridium Communications is $0.60 per share, with a recent dividend ex-date of December 15, 2025.
