{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-040185","form_type":"8-K","ticker":"IRDM","cik":"0001418819","company_name":"Iridium Communications Inc.","filed_at":"2023-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.860476+00:00","generated_at":"2026-06-19T11:01:12.309988+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Iridium approves 2023 performance share awards and bonus plan for executives","bullets":["CEO Matthew Desch gets $3.5M target award ($5.25M max) under performance share program.","Performance goal is growth of average service revenue for 2023-2024 excluding Russian ops.","CEO target bonus percentage 100% of base salary; CFO and COO at 80%; EVPs at 65%.","Bonus awards capped at 180% of target; 60% in restricted stock units, rest in cash.","Awards vest 50% in Q1 2025 and 50% in March 2026, subject to continued employment."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-040185","json":"https://secwatch.observer/filing/0001193125-23-040185.json","markdown":"https://secwatch.observer/filing/0001193125-23-040185.md","text":"https://secwatch.observer/filing/0001193125-23-040185.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1418819/000119312523040185/0001193125-23-040185-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1418819/000119312523040185/d273261d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T11:01:12.309988+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}