Iridium stockholders approve equity plan, elect 11 directors at May 20 annual meeting
At its May 20, 2026 virtual annual meeting, Iridium's stockholders approved the Amended and Restated 2015 Equity Incentive Plan, which reserves a maximum of 42,947,991 shares for stock options and other equity awards, and re-elected all 11 directors. The company also declared a $0.15 per share cash dividend, payable June 30, 2026, which shareholders will receive if they are of record on June 15, 2026.
Key points
- Equity Incentive Plan: stockholders approved up to 42,947,991 shares for stock options and other equity awards, effective immediately.
- Directors: all 11 nominees were elected to one-year terms ending at the 2027 annual meeting; Robert H. Niehaus received 75,648,972 votes for.
- Say-on-pay: non-binding approval of executive compensation with 66,205,295 votes for and 10,109,733 against.
- Dividend: $0.15 per share, payable June 30, 2026, to holders of record as of June 15, 2026.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 20, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.