{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-044353","form_type":"8-K","ticker":"IRDM","cik":"0001418819","company_name":"Iridium Communications Inc.","filed_at":"2022-02-16T23:59:59+00:00","discovered_at":"2026-05-14T18:04:06.391868+00:00","generated_at":"2026-06-27T07:27:20.672640+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Iridium director Pfeiffer to retire; annual comp awards set for executives","bullets":["Director Steven B. Pfeiffer will retire and not stand for re-election at May 2022 annual meeting; no disagreement.","CEO Desch receives performance share target award of $2.5M (max $3.75M) tied to 2022-2023 service revenue growth.","CFO Fitzpatrick and COO McBride each get $1.25M target awards; EVPs Hartin and Scheimreif get $625K each.","2022 Bonus Plan sets target bonus percentages: CEO 90%, CFO/COO 75%, EVPs 60%.","60% of target bonus paid in RSUs granted March 1, 2022; vest in March 2023 based on OEBITDA and strategic goals."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-044353","json":"https://secwatch.observer/filing/0001193125-22-044353.json","markdown":"https://secwatch.observer/filing/0001193125-22-044353.md","text":"https://secwatch.observer/filing/0001193125-22-044353.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1418819/000119312522044353/0001193125-22-044353-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1418819/000119312522044353/d308361d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T07:27:20.672640+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"61e4a6cf70","claim":"Steven B. Pfeiffer departed as Director at Iridium Communications Inc..","evidence_excerpt":"On February 15, 2022, Steven B. Pfeiffer notified the Board of Directors of Iridium Communications Inc. (the “Registrant”) that he will be retiring as a member of the Board of Directors of the Registrant and therefore will not stand for re-election at the Registrant’s 2022 Annual Meeting of Stockholders to be held in May 2022 (the “Annual Meeting”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1418819/000119312522044353/0001193125-22-044353-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retiring"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}