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Iridium Communications ( (IRDM) ) has issued an update.
On February 6, 2025, Iridium Communications’ Compensation Committee approved the 2025 Performance Bonus Plan. This plan involves a bonus system for employees, including key executives, based on achieving specific corporate and personal performance goals. The bonuses are calculated using a combination of a target bonus percentage and a performance factor, with potential payouts up to 200% of the target. The plan also includes provisions for restricted stock units and cash payouts, with vesting based on performance and continued service.
More about Iridium Communications
Iridium Communications Inc. operates in the telecommunications industry, providing satellite communication services and products, with a focus on offering reliable and global voice and data communication solutions.
YTD Price Performance: -3.38%
Average Trading Volume: 979,874
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.25B
See more data about IRDM stock on TipRanks’ Stock Analysis page.
