{"schema_version":"secwatch.filing_event.v1","accession":"0001418819-26-000014","form_type":"8-K","ticker":"IRDM","cik":"0001418819","company_name":"Iridium Communications Inc.","filed_at":"2026-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.036407+00:00","generated_at":"2026-05-15T23:01:00.389330+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Iridium adopts new annual bonus plan and executive severance plan for 2026","bullets":["2026 bonus plan: target award = salary × committee-approved %; actual capped at 200% of target.","Bonus can be paid in cash, RSUs, or both; recoupable under clawback policy.","Severance plan: CEO gets 18 months' salary non-CIC, 2X (salary + target bonus) in CIC; other NEOs get 12 months or 1.5X.","CIC severance includes 100% equity acceleration; benefits require waiver, non-compete, non-solicit compliance.","Plan supersedes prior severance terms in employment agreements for participating executives."],"urls":{"canonical":"https://secwatch.observer/filing/0001418819-26-000014","json":"https://secwatch.observer/filing/0001418819-26-000014.json","markdown":"https://secwatch.observer/filing/0001418819-26-000014.md","text":"https://secwatch.observer/filing/0001418819-26-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1418819/000141881926000014/0001418819-26-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1418819/000141881926000014/irdm-20260226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T23:01:00.389330+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"}