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Iridium Communications(IRDM.US) Officer Buys US$1.04 Million in Common Stocks

moomoo News ·  11/22/2023 06:53

$Iridium Communications (IRDM.US)$ Officer DESCH MATTHEW J purchased 28,000 shares of Common Stocks on Nov 20, 2023 at an average price of $37.01 for a total value of $1.04 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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