Last updated: 4 September 2024 at 6:27pm EST

Scott Scheimreif Net Worth




The estimated Net Worth of Scott Scheimreif is at least $12.9 Million dollars as of 13 March 2023. Mr. Scheimreif owns over 96,348 units of Iridium Communications Inc stock worth over $6,368,094 and over the last 12 years he sold IRDM stock worth over $5,450,536. In addition, he makes $1,098,440 as Executive Vice President - Government Programs at Iridium Communications Inc.

Mr. Scheimreif IRDM stock SEC Form 4 insiders trading

Scott has made over 11 trades of the Iridium Communications Inc stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 96,348 units of IRDM stock worth $755,368 on 13 March 2023.

The largest trade he's ever made was exercising 117,778 units of Iridium Communications Inc stock on 4 December 2020 worth over $875,091. On average, Scott trades about 6,978 units every 48 days since 2013. As of 13 March 2023 he still owns at least 234,985 units of Iridium Communications Inc stock.

You can see the complete history of Mr. Scheimreif stock trades at the bottom of the page.





Scott Scheimreif biography

Scott T. Scheimreif serves as Executive Vice President - Government Programs of the Company. He has served as our Executive Vice President, Government Programs since December 2012 and previously served as acting Executive Vice President, Government Programs from June 2012 to December 2012 and as Vice President, Government Programs from April 2008 to June 2012. Mr. Scheimreif received his Bachelor of Science degree in Business Administration from Salisbury University.

What is the salary of Scott Scheimreif?

As the Executive Vice President - Government Programs of Iridium Communications Inc, the total compensation of Scott Scheimreif at Iridium Communications Inc is $1,098,440. There are 5 executives at Iridium Communications Inc getting paid more, with Matthew Desch having the highest compensation of $3,512,110.



How old is Scott Scheimreif?

Scott Scheimreif is 51, he's been the Executive Vice President - Government Programs of Iridium Communications Inc since 2012. There are 18 older and no younger executives at Iridium Communications Inc. The oldest executive at Iridium Communications Inc is Alvin Krongard, 83, who is the Independent Director.

What's Scott Scheimreif's mailing address?

Scott's mailing address filed with the SEC is C/O IRIDIUM COMMUNICATIONS INC., 1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN, VA, 22102.

Insiders trading at Iridium Communications Inc

Over the last 15 years, insiders at Iridium Communications Inc have traded over $161,136,522 worth of Iridium Communications Inc stock and bought 1,199,253 units worth $9,464,056 . The most active insiders traders include & Co Inc Greenhill, Scott L Bok, and Terry L Jones. On average, Iridium Communications Inc executives and independent directors trade stock every 9 days with the average trade being worth of $916,820. The most recent stock trade was executed by Matthew J Desch on 15 March 2024, trading 149,253 units of IRDM stock currently worth $1,410,441.



What does Iridium Communications Inc do?

iridium communications inc. is the only mobile satellite service (mss) company offering pole-to-pole coverage over the entire globe. the iridium constellation of low-earth orbiting (leo), cross-linked satellites provides critical voice and data services for areas not served by terrestrial communication networks. iridium's subscriber growth has been driven by increasing demand for reliable, secure, global communications. iridium serves commercial markets through a worldwide network of hundreds of distributors, and provides services to the u.s. department of defense, and other u.s. and international government agencies. the company's worldwide customer base represent a broad spectrum of industry, including maritime, aeronautical, government/defense, public safety, utilities, oil/gas, mining, forestry, heavy equipment and transportation. iridium is in the planning and development phase for its next-generation satellite constellation, iridium next, which will begin launching and 2015 and r



What does Iridium Communications Inc's logo look like?

Iridium Communications Inc logo

Complete history of Mr. Scheimreif stock trades at Iridium Communications Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
13 Mar 2023 Scott Scheimreif
EVP-GOVERNMENT PROGRAMS
Option 96,348 $7.84 $755,368
13 Mar 2023
234,985
11 Mar 2021 Scott Scheimreif
EVP-GOVERNMENT PROGRAMS
Option 65,737 $6.08 $399,681
11 Mar 2021
170,808
4 Dec 2020 Scott Scheimreif
EVP-GOVERNMENT PROGRAMS
Option 117,778 $7.43 $875,091
4 Dec 2020
211,021
20 Oct 2020 Scott Scheimreif
EVP-GOVERNMENT PROGRAMS
Option 20,507 $8.31 $170,413
20 Oct 2020
115,172
10 Aug 2020 Scott Scheimreif
EVP-GOVERNMENT PROGRAMS
Option 281 $8.31 $2,335
10 Aug 2020
96,369
8 May 2020 Scott Scheimreif
EVP-GOVERNMENT PROGRAMS
Sale 13,022 $22.03 $286,875
8 May 2020
97,510
30 Apr 2019 Scott Scheimreif
EVP-GOVERNMENT PROGRAMS
Sale 79,078 $27.14 $2,146,177
30 Apr 2019
90,923
7 Aug 2018 Scott Scheimreif
EVP-GOVERNMENT PROGRAMS
Sale 22,195 $19.60 $435,022
7 Aug 2018
112,878
3 Jun 2013 Scott Scheimreif
EVP-GOVERNMENT PROGRAMS
Sale 178 $7.10 $1,264
3 Jun 2013
6,872


Iridium Communications Inc executives and stock owners

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