Scott  Scheimreif net worth and biography

Scott Scheimreif Biography and Net Worth

Scott T. Scheimreif, 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 Scott Scheimreif's net worth?

The estimated net worth of Scott Scheimreif is at least $3.63 million as of March 13th, 2023. Mr. Scheimreif owns 138,637 shares of Iridium Communications stock worth more than $3,626,744 as of March 29th. This net worth estimate does not reflect any other assets that Mr. Scheimreif may own. Additionally, Mr. Scheimreif receives a salary of $505,530.00 as EVP at Iridium Communications. Learn More about Scott Scheimreif's net worth.

How old is Scott Scheimreif?

Mr. Scheimreif is currently 55 years old. There are 5 older executives and no younger executives at Iridium Communications. The oldest executive at Iridium Communications is Mr. Matthew J. Desch, CEO & Director, who is 66 years old. Learn More on Scott Scheimreif's age.

What is Scott Scheimreif's salary?

As the EVP of Iridium Communications Inc., Mr. Scheimreif earns $505,530.00 per year. There are 5 executives that earn more than Mr. Scheimreif. The highest earning executive at Iridium Communications is Mr. Matthew J. Desch, CEO & Director, who commands a salary of $1,470,000.00 per year. Learn More on Scott Scheimreif's salary.

How do I contact Scott Scheimreif?

The corporate mailing address for Mr. Scheimreif and other Iridium Communications executives is 1750 TYSONS BOULEVARD SUITE 1400, MCLEAN VA, 22102. Iridium Communications can also be reached via phone at (703) 287-7400 and via email at [email protected]. Learn More on Scott Scheimreif's contact information.

Has Scott Scheimreif been buying or selling shares of Iridium Communications?

Scott Scheimreif has not been actively trading shares of Iridium Communications during the past quarter. Most recently, Scott Scheimreif sold 96,348 shares of the business's stock in a transaction on Monday, March 13th. The shares were sold at an average price of $59.79, for a transaction totalling $5,760,646.92. Following the completion of the sale, the executive vice president now directly owns 138,637 shares of the company's stock, valued at $8,289,106.23. Learn More on Scott Scheimreif's trading history.

Who are Iridium Communications' active insiders?

Iridium Communications' insider roster includes Thomas Canfield (Director), Matthew Desch (CEO), Thomas Fitzpatrick (CFO), Leon Frazier (Director), Bryan Hartin (EVP), Thomas Hickey (Insider), Timothy Kapalka (VP), Alvin Krongard (Director), Suzanne Mcbride (Insider), Kathleen Morgan (Insider), Robert Niehaus (Director), Steven Pfeiffer (Director), Parker Rush (Director), Scott Scheimreif (EVP), Henrik Schliemann (Director), and Barry West (Director). Learn More on Iridium Communications' active insiders.

Are insiders buying or selling shares of Iridium Communications?

During the last year, Iridium Communications insiders bought shares 1 times. They purchased a total of 28,000 shares worth more than $1,036,280.00. During the last year, insiders at the technology company sold shares 2 times. They sold a total of 35,964 shares worth more than $2,340,303.29. The most recent insider tranaction occured on November, 20th when CEO Matthew J Desch bought 28,000 shares worth more than $1,036,280.00. Insiders at Iridium Communications own 2.1% of the company. Learn More about insider trades at Iridium Communications.

Information on this page was last updated on 11/20/2023.

Scott Scheimreif Insider Trading History at Iridium Communications

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/13/2023Sell96,348$59.79$5,760,646.92138,637View SEC Filing Icon  
3/11/2021Sell65,737$41.65$2,737,946.05170,808View SEC Filing Icon  
12/4/2020Sell117,778$34.25$4,033,896.50193,243View SEC Filing Icon  
10/20/2020Sell20,507$30.00$615,210.00115,172View SEC Filing Icon  
8/10/2020Sell281$30.00$8,430.0096,369View SEC Filing Icon  
See Full Table

Scott Scheimreif Buying and Selling Activity at Iridium Communications

This chart shows Scott Scheimreif's buying and selling at Iridium Communications by year and by quarter.

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Iridium Communications Company Overview

Iridium Communications logo
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 other government 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, 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. is headquartered in McLean, Virginia.
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Today's Range

Now: $26.16
Low: $26.09
High: $26.49

50 Day Range

MA: $30.97
Low: $25.59
High: $37.66

2 Week Range

Now: $26.16
Low: $25.27
High: $68.34

Volume

734,355 shs

Average Volume

1,333,845 shs

Market Capitalization

$3.20 billion

P/E Ratio

201.23

Dividend Yield

1.98%

Beta

0.87