Scott T. Scheimreif
Net Worth

Last updated:

What is Scott T. Scheimreif net worth?

The estimated net worth of Mr. Scott T. Scheimreif is at least $21,705,370 as of 13 Mar 2023. He owns shares worth $3,350,856 as insider, has earned $12,549,754 from insider trading and has received compensation worth at least $5,804,760 in Iridium Communications Inc..

What is the salary of Scott T. Scheimreif?

Mr. Scott T. Scheimreif salary is $483,730 per year as Executive Vice President of Gov. Programs in Iridium Communications Inc..

How old is Scott T. Scheimreif?

Mr. Scott T. Scheimreif is 56 years old, born in 1969.

What stocks does Scott T. Scheimreif currently own?

As insider, Mr. Scott T. Scheimreif owns shares in one company:

Company Title Shares Price per share Total value
Iridium Communications Inc. (IRDM) Executive Vice President of Gov. Programs 138,637 $24.17 $3,350,856

What does Iridium Communications Inc. do?

Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile voice and data satellite communications; prepaid mobile voice satellite communications; push-to-talk; broadband data; and Internet of Things (IoT) services. It also provides hosted payload and other data services, such as satellite time and location services, and inbound connections from the public switched telephone network, short message, subscriber identity module, activation, customer reactivation, and other peripheral services. In addition, the company offers voice and data solutions comprising personnel tracking devices; asset tracking devices for equipment, vehicles, and aircrafts; beyond-line-of-sight aircraft communications applications; maritime communications applications; specialized communications solutions for high-value individuals; mobile communications and data devices for the military and intelligence agencies, such as secure satellite handsets, as well as netted voice, messaging, and paging services; and maintenance services for the United States government's dedicated gateway. Further, it provides satellite handsets, personal connectivity devices, voice and data modems, broadband data devices, and IoT data devices; various accessories for its devices that include batteries, holsters, earbud headphones, portable auxiliary antennas, antenna adaptors, USB data cables, charging units, and others; and engineering and support services. Iridium Communications Inc. sells its products and services to commercial end users through a wholesale distribution network that include service providers, and value-added resellers and manufacturers. The company was formerly known as Iridium Holdings LLC and changed its name to Iridium Communications Inc. in September 2009. Iridium Communications Inc. was founded in 2000 and is headquartered in McLean, Virginia.

Scott T. Scheimreif insider trading

Iridium Communications Inc.

Mr. Scott T. Scheimreif has made 9 insider trades between 2013-2023, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 117,778 units of IRDM stock on 4 Dec 2020. As of 13 Mar 2023 he still owns at least 138,637 units of IRDM stock.

Transaction Date Security Shares Price per share Total value Source
Option
Employee Stock Option (Right to Buy) 43,532 $9.45 $411,377
Sale
Common Stock 96,348 $59.79 $5,760,647
Option
Common Stock 43,532 $9.45 $411,377
Option
Common Stock 52,816 $6.52 $344,360
Option
Employee Stock Option (Right to Buy) 65,737 $6.08 $399,681
Option
Common Stock 65,737 $6.08 $399,681
Sale
Common Stock 65,737 N/A N/A
Option
Common Stock 117,778 $7.49 $881,568
Option
Employee Stock Option (Right to Buy) 100,000 $7.41 $741,000
Sale
Common Stock 117,778 $34.25 $4,033,897
Option
Common Stock 20,507 $8.31 $170,413
Option
Employee Stock Option (Right to Buy) 20,507 $8.31 $170,413
Sale
Common Stock 20,507 $8.31 $170,413
Option
Common Stock 281 $8.31 $2,335
Sale
Common Stock 281 $8.31 $2,335
Option
Employee Stock Option (Right to Buy) 281 $8.31 $2,335
Sale
Common Stock 13,022 N/A N/A
Option
Common Stock 35,000 $8.73 $305,550
Option
Employee Stock Option (Right to Buy) 35,000 $8.73 $305,550
Sale
Common Stock 79,078 $27.14 $2,146,177
Sale
Common Stock 22,195 $19.6 $435,022
Sale
Common Stock 178 $7.1 $1,264

Iridium Communications key executives

Iridium Communications Inc. executives and other stock owners filed with the SEC: