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Last updated: 3 January 2024 at 4:45pm EST

Parker Rush Net Worth




The estimated Net Worth of Parker William Rush is at least $7.57 Million dollars as of 3 January 2023. Mr. Rush owns over 27,363 units of Iridium Communications Inc stock worth over $4,454,178 and over the last 15 years he sold IRDM stock worth over $2,900,478. In addition, he makes $215,000 as Independent Director at Iridium Communications Inc.

Mr. Rush IRDM stock SEC Form 4 insiders trading

Parker has made over 3 trades of the Iridium Communications Inc stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 27,363 units of IRDM stock worth $1,477,602 on 3 January 2023.

The largest trade he's ever made was selling 27,363 units of Iridium Communications Inc stock on 3 January 2023 worth over $1,477,602. On average, Parker trades about 2,349 units every 53 days since 2010. As of 3 January 2023 he still owns at least 162,680 units of Iridium Communications Inc stock.

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





Parker Rush biography

Parker William Rush serves as Independent Director of the Company. Mr. Rush has served as a director of our Company since February 2008. Since July 2012, Mr. Rush has served as Chief Executive Officer and Chairman of ClearView Risk Holdings LLC. Since March 2012, he has also served as a Partner at Consult PWR, LLC. From 2003 until March 2012, Mr. Rush served as the President and Chief Executive Officer and as a member of the board of directors of Republic Companies Group, Inc., a property and casualty insurance company. Previously, Mr. Rush served in various capacities at The Chubb Corporation from 1980 to 2003, including as a Senior Vice President and Managing Director. Mr. Rush received a Bachelor of Business Administration degree from the University of Texas. Mr. Rush currently serves as a member of the board of directors and audit committee of National Teachers Associates Life Insurance Company and as a director of Collateral Protection Insurance Agency.

What is the salary of Parker Rush?

As the Independent Director of Iridium Communications Inc, the total compensation of Parker Rush at Iridium Communications Inc is $215,000. There are 11 executives at Iridium Communications Inc getting paid more, with Matthew Desch having the highest compensation of $3,512,110.



How old is Parker Rush?

Parker Rush is 60, he's been the Independent Director of Iridium Communications Inc since 2008. There are 11 older and 7 younger executives at Iridium Communications Inc. The oldest executive at Iridium Communications Inc is Alvin Krongard, 83, who is the Independent Director.

What's Parker Rush's mailing address?

Parker'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. Rush stock trades at Iridium Communications Inc

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
3 Jan 2023 IRDM Iridium Communications Inc Parker William Rush
Director
 Sale 27,363 $54.00 $1,477,602
3 Jan 2023
162,680 ↗
1 Nov 2022 IRDM Iridium Communications Inc Parker William Rush
Director
 Sale 27,363 $52.00 $1,422,876
1 Nov 2022
190,043 ↗
24 May 2019 IRDM Iridium Communications Inc Parker William Rush
Director
 Buy 4,000 $22.70 $90,800
24 May 2019
201,248 ↗


Iridium Communications Inc executives and stock owners

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