{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-004441","form_type":"8-K","ticker":"IRDM","cik":"0001418819","company_name":"Iridium Communications Inc.","filed_at":"2025-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.580975+00:00","generated_at":"2026-05-27T00:53:02.041338+00:00","sec_items":["5.02"],"event_type":"other","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Iridium approves 2025 Performance Bonus Plan with executive target percentages","bullets":["CEO Desch target bonus 100% of base salary; COO McBride 80%, CFO O'Neill 65%, EVP Scheimreif 65%.","Bonus based on Operational EBITDA, strategic goals, and network/quality metrics.","First 60% of target paid in RSUs granted March 1, 2025, vesting March 2026 on performance.","Excess portion paid in cash by March 15, 2026; maximum total payout 200% of target.","Bonuses subject to recoupment under Company's Incentive Compensation Recoupment Policy."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-004441","json":"https://secwatch.observer/filing/0001628280-25-004441.json","markdown":"https://secwatch.observer/filing/0001628280-25-004441.md","text":"https://secwatch.observer/filing/0001628280-25-004441.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1418819/000162828025004441/0001628280-25-004441-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1418819/000162828025004441/irdm-20250206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T00:53:02.041338+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"}