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Company guide · IRDM

Iridium Communications ESPP: how it works and whether to max it

If Iridium Communications offers an ESPP, here's how to value it against an RSU-heavy comp package.

About Iridium Communications equity

Iridium Communications (IRDM, HQ VA) grants RSUs to employees and also runs an Employee Stock Purchase Plan with a annual vesting cadence.

Whether to max it

If Iridium Communications's ESPP has a 15% discount with a lookback, participation is typically the highest-return use of cash available to you (roughly 17-30% pre-tax per offering period). The cap is the IRS $25,000 contribution limit per calendar year.

What to do next

Other Iridium Communications guides