{"schema_version":"secwatch.filing_event.v1","accession":"0001418819-24-000010","form_type":"8-K","ticker":"IRDM","cik":"0001418819","company_name":"Iridium Communications Inc.","filed_at":"2024-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.129319+00:00","generated_at":"2026-06-05T05:24:07.939143+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 grants PSUs up to $7M to CEO; approves 2024 bonus plan with EBITDA target","bullets":["CEO Target Award $3.25M (Max $7M); CFO/COO each $1.25M ($2.5M max); EVPs $750K ($1.5M max).","PSU performance goals: 2025 Adjusted Service Revenue (ex-Russia) and combined 2024-25 Operational EBITDA (ex-Russia).","2024 Bonus Plan: CEO target 100% of salary, CFO/COO 80%, EVPs 65%; goals: OEBITDA, strategic goals, user satisfaction.","PSUs vest 50% in Q1 2026, 50% March 2027; change of control triggers target award.","Bonus: 60% of target via RSUs granted March 1, 2024, remainder cash; max 200% of target."],"urls":{"canonical":"https://secwatch.observer/filing/0001418819-24-000010","json":"https://secwatch.observer/filing/0001418819-24-000010.json","markdown":"https://secwatch.observer/filing/0001418819-24-000010.md","text":"https://secwatch.observer/filing/0001418819-24-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1418819/000141881924000010/0001418819-24-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1418819/000141881924000010/irdm-20240227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T05:24:07.939143+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"}