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On February 26, 2026, the Compensation Committee of Iridium Communications Inc. approved the Annual Performance Bonus Plan for eligible employees including CEO, CFO, and NEOs, providing cash or RSU bonuses based on corporate and individual performance goals up to 200% of target. The Committee also adopted the Executive Severance Plan, offering severance payments and benefits to executives upon qualifying terminations, including enhanced provisions for change in control terminations.
Event Type
Disclosure
Mandatory
Variant
8-K
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Annual Perfor
Material Agreement